USD/JPY Outlook (08 October 2021)

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USD/JPY Outlook (08 October 2021)

ByJin Dao Tai

 OCT 8, 2021

USD/JPY Outlook (08 October 2021)

Overall, USD/JPY is trending upwards.

The Japanese Economy Watchers Sentiment data (Forecast: 43.4Previous: 34.7) will be released later at 1300 (GMT+8).

USD/JPY’s next support zone is at 110.800 and the next resistance zone is at 112.000.

Look for short-term buying opportunities of USD/JPY up until the release of the U.S. Non-Farm Payroll jobs report later at 2030 (GMT+8).

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