USDJPY Movement
For the 24 hours to 23:00 GMT, the USD weakened 0.19% against the JPY and closed at 98.83.
In the Asian session, at GMT0300, the pair is trading at 99.03, with the USD trading 0.20% higher from yesterday’s close.
The pair is expected to find support at 98.36, and a fall through could take it to the next support level of 97.69. The pair is expected to find its first resistance at 99.61, and a rise through could take it to the next resistance level of 100.19.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
