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Overall, USD/JPY is ranging across. Recently, USD/JPY moved lower into the key level of 106. The Jackson Hole Symposium will start today. During this time, volatility is expected. USD/JPY’s next support zone is at 104.400 and the next resistance zone is at 106.800. Look for short-term buying opportunities of USD/JPY if it bounces up from the key level of 106.