USD/JPY Outlook (27 July 2021)
ByJin Dao Tai
JUL 27, 2021
Overall, USD/JPY is ranging across.
Bank of Japan Governor Kuroda will be speaking later at 1530 (GMT+8). During this time, there may be volatility in JPY.
Currently, USD/JPY is moving down towards the key level of 110. Its next support zone is at 108.500 and the next resistance zone is at 110.800.
Look for selling opportunities of USD/JPY if it breaks below the key level of 110.
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