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USD/JPY Outlook (26 October 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 moving towards the key level of 105. Its next support zone is at 104.200 and the next resistance zone is at 106.300.
Look for short-term selling opportunities of USD/JPY if it bounces down from the key level of 105.
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