USD/JPY: Japanese Yen trading lower in the Asian session

USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY

USDJPY Movement

For the 24 hours to 23:00 GMT, the USD slightly rose against the JPY and closed at 110.18.

In the Asian session, at GMT0400, the pair is trading at 110.48, with the USD trading 0.27% higher against the JPY from yesterday’s close.

The pair is expected to find support at 109.95, and a fall through could take it to the next support level of 109.43. The pair is expected to find its first resistance at 110.94, and a rise through could take it to the next resistance level of 111.41.

The currency pair is trading between its 20 Hr and 50 Hr moving average.

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