USDJPY Movement
For the 24 hours to 23:00 GMT, the USD weakened 1.52% against the JPY and closed at 100.96.
In the Asian session, at GMT0300, the pair is trading at 100.94, with the USD trading marginally lower from yesterday’s close.
The pair is expected to find support at 100.18, and a fall through could take it to the next support level of 99.43. The pair is expected to find its first resistance at 102.11, and a rise through could take it to the next resistance level of 103.27.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
