USD/JPY Outlook (28 January 2022)

FX:USDJPY   U.S. Dollar / Japanese Yen
Overall, USD/JPY is ranging across. Recently, USD/JPY broke above the key level of 115.

The Japanese Retail Sales y/y data (Forecast: TBA, Previous: 1.9%) will be released next Monday at 0750 (GMT+8).

USD/JPY’s next support zone is at 114.200 and the next resistance zone is at 116.000.
Look for short-term buying opportunities of USD/JPY .

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