USD/JPY: Yen trading higher this morning

 

USD JPY

USDJPY Movement

For the 24 hours to 23:00 GMT, the USD strengthened 0.23% against the JPY and closed at 84.43.

In the Asian session, at GMT0400, the pair is trading at 83.95, with the USD trading 0.57% lower from yesterday’s close.

The pair is expected to find support at 83.72, and a fall through could take it to the next support level of 83.49. The pair is expected to find its first resistance at 84.31, and a rise through could take it to the next resistance level of 84.68.

The currency pair is trading below its 20 Hr and 50 Hr moving averages.

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