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USD/JPY Outlook (04 August 2020)

U.S. Dollar / Japanese Yen (FX:USDJPY)  
JinDao_Tai  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Forex macro technical trend USDJPY
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trendanalysis forex macro technical trend usdjpy
Overall, USD/JPY is trending downwards.

Currently, USD/JPY is testing the resistance zone of 106.200 and the next support zone is at 104.400.
Look for buying opportunities of USD/JPY if it breaks the resistance zone of 106.200.
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