On Friday, the US Dollar edged higher by 63 pips or 0.58% against the Japanese Yen. The USD/JPY currency pair tested the 110.40 level during Friday’s trading session.
Buyers are likely to drive the price of the exchange rate higher during the following trading session. The potential target for bulls will be near the weekly resistance level at 110.84.
However, the currency exchange rate could find resistance at 110.40 within this session.
