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USD/JPY Outlook (30 June 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 ranging across. Recently, USD/JPY trended higher into the resistance zone of 107.800.

Currently, USD/JPY is testing the resistance zone of 107.800 and the next support zone is at 106.200.
If USD/JPY breaks the resistance zone, look for short-term buying opportunities up until the testification by Federal Reserve Chairman Jerome Powell tomorrow at 0030 (SGT).
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