USD/JPY Outlook (13 August 2021)
ByJin Dao Tai
AUG 13, 2021
Overall, USD/JPY is ranging across.
The Japanese Preliminary GDP q/q data (Forecast: TBA, Previous: -1.0% revised from -1.3%) will be released next Monday at 0750 (GMT+8).
USD/JPY’s next support zone is at 108.500 and the next resistance zone is at 110.800.
Look for short-term selling opportunities of USD/JPY.
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