Get started
JinDao_Tai

USD/JPY Outlook (02 July 2021)

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
JinDao_Tai Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Forex macro technical trend USDJPY
3
0
trendanalysis forex macro technical trend usdjpy
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.
Free trading community: discord.gg/kPDXU2ZaDt
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.