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JinDao_Tai
Aug 2, 2021 12:14 AM

USD/JPY Outlook (02 July 2021) Long

U.S. Dollar/Japanese YenFXCM

Description

Overall, USD/JPY is trending downwards.

The Japanese Consumer Confidence data (Forecast: 37.0, Previous: 37.4) will be released later at 1300 (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 buying opportunities of USD/JPY.

Comment

My apologies, the date reflected in this analysis should be 02 August 2021.
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