USDJPY Movement
For the 24 hours to 23:00 GMT, USD weakened 0.30% against the JPY and closed at 82.52.
In the Asian session at 4:00GMT, the pair is trading lower from the New York close, by 0.39%, at 82.20.
The first short term resistance is at 82.66, followed by 83.11. The pair is expected to find support at 81.91 and the subsequent support level at 81.61.
With a series of Japan economic releases today, including National Consumer Price Index and Tokyo Consumer Price Index, trading in the pair is expected to be influenced by the resulting cues from these releases.
The currency pair is trading well below its 20 Hr moving average and 50 Hr moving average.
