USD/JPY Outlook (19 October 2021)

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USD/JPY Outlook (19 October 2021)

ByJin Dao Tai

 OCT 19, 2021

USD/JPY Outlook (19 October 2021)

Overall, USD/JPY is trending upwards. Recently, USD/JPY trended into the resistance zone of 114.400.

Currently, USD/JPY is testing the resistance zone of 114.400 and the next support zone is at 112.000.

Look for short-term buying opportunities of USD/JPY if it breaks the resistance zone of 114.400.

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