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JinDao_Tai
May 11, 2021 12:49 AM

USD/JPY Outlook (11 May 2021) 

U.S. Dollar/Japanese YenFXCM

Description

Overall, USD/JPY is ranging across. Recently, USD/JPY bounced off the support zone of 108.500.

Currently, USD/JPY is moving towards the key level of 109. Its next support zone is at 108.500 and the next resistance zone is at 110.800.
Look for buying opportunities of USD/JPY if it breaks above the key level of 109.
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