USDJPY Movement

For the 24 hours to 23:00 GMT, USD strengthened 0.18% against the JPY and closed at 80.26.

In the Asian session, at GMT0300, the pair is trading at 80.17, with the USD trading 0.11% lower from yesterday’s close.

The pair is expected to find support at 80.02, and a fall through could take it to the next support level of 79.88. The pair is expected to find its first resistance at 80.43, and a rise through could take it to the next resistance level of 80.70.

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