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USD/JPY Outlook (29 July 2021)

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
JinDao_Tai  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Forex macro technical trend USDJPY
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trendanalysis forex macro technical trend usdjpy
Overall, USD/JPY is ranging across. Recently, USD/JPY bounced down from the key level of 110.

The Japanese Unemployment Rate data (Forecast: 3.0%, Previous: 3.0%) will be released tomorrow at 0730 (GMT+8).

USD/JPY’s next support zone is at 108.500 and the next resistance zone is at 110.800.
Look for short-term selling opportunities of USD/JPY.
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