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FP: Forex - USD/JPY up during Asian trade
 
Forex Pros - The U.S. Dollar was higher against the Japanese Yen on Tuesday after the release of Japanese data on Industrial Production.

USD/JPY was trading at 81.24, up 0.37% at time of writing.

The pair was likely to find support at 80.71, Friday’s low, and resistance at 82.03, Thursday’s high.

Earlier in the day, preliminary data showed that Industrial production in Japan rose less-than-expected to a seasonally adjusted 1.0% last month from -15.5% in the preceding month.

Analysts had expected industrial production to rise 2.2% last month.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.69% to hit 1.4381 and GBP\/USD rising 0.40% to hit 1.6540.
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