USD/JPY Outlook (26 October 2020)

U.S. Dollar/Japanese YenFXCM

Description

⋅ 26 oct. 2020 02:13

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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