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Overall, USD/JPY is ranging across. Recently, USD/JPY moved higher into the key level of 107. The Japanese Preliminary GDP q/q data (Forecast: TBA, Previous: -0.6% revised from -0.9%) will be released next Monday at 0750 (SGT). Currently, USD/JPY is testing to break above the key level of 107. Its next support zone is at 106.200 and the next resistance zone is at 107.900. Look for buying opportunities of USD/JPY if it breaks above the key level of 107.