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USD/JPY Outlook (26 October 2021)

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

The Bank of Japan Core CPI y/y data (Forecast: 0.3%, Previous: 0.3%) will be released later at 1300 (GMT+8).

USD/JPY’s next support zone is at 112.000 and the next resistance zone is at 114.400.
Look for short-term selling opportunities of USD/JPY.
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