USDJPY Movement
For the 24 hours to 23:00 GMT, USD weakened 0.28% against the JPY, on Friday, and closed at 80.79.
In Japan, on Sunday, the core machinery orders unexpectedly rose by 2.9% in March compared to 1.9% drop in February.
In the Asian session at 3:00GMT, the pair is trading higher from the New York close, by 0.20%, at 80.95.
The first short term resistance is at 81.24, followed by 81.53. The pair is expected to find support at 80.49 and the subsequent support level at 80.03.
Trading trends in the pair today are expected to be determined by data release on consumer confidence in Japan.
The currency pair is trading just above its 20 Hr moving average and its 50 Hr moving average.
