Jin_LCMSTraders

USD/JPY Outlook (13 September 2021)

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Overall, USD/JPY is ranging across.

Last Friday, Japanese Prime Minister Yoshihide Suga extended the virus emergency for Tokyo and other parts of Japan to 30 September amid the high number of COVID Delta variant infections.

Currently, USD/JPY is testing to break above the key level of 110. Its next support zone is at 108.800 and the next resistance zone is at 110.800.
Look for buying opportunities of USD/JPY if it breaks above the key level of 110.
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