For the 24 hours to 23:00 GMT, the USD rose 0.08% against the JPY and closed at 108.60.
In the Asian session, at GMT0300, the pair is trading at 108.64, with the USD trading a tad higher against the JPY from yesterday’s close.
The pair is expected to find support at 108.48, and a fall through could take it to the next support level of 108.33. The pair is expected to find its first resistance at 108.76, and a rise through could take it to the next resistance level of 108.89.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
