JinDao_Tai

USD/JPY Outlook (27 September 2021)

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Overall, USD/JPY is ranging across. Recently, USD/JPY trended up into the resistance zone of 110.800.

The Bank of Japan will be releasing the minutes for the recent monetary policy meeting tomorrow at 0750 (GMT+8).

Currently, USD/JPY is testing the resistance zone of 110.800 and the next support zone is at 108.800.
Look for short-term buying opportunities of USD/JPY if it breaks the resistance zone of 110.800.

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