For the 24 hours to 23:00 GMT, the USD rose 0.18% against the JPY and closed at 108.55.
In the Asian session, at GMT0300, the pair is trading at 108.62, with the USD trading 0.06% higher against the JPY from yesterday’s close.
The pair is expected to find support at 108.28, and a fall through could take it to the next support level of 107.95. The pair is expected to find its first resistance at 108.83, and a rise through could take it to the next resistance level of 109.05.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
