2020-07-24 16:13
Market analysisUSD/JPY Outlook (24 July 2020)
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Market analysis：
Overall, USD/JPY is ranging across. Recently, USD/JPY trended lower, breaking below the key level of 107.
The Japanese banks will be closed today in observance of Health-Sports Day. Expect lower trading volume and volatility during the Japanese market session.
USD/JPY’s next support zone is at 106.200 and the next resistance zone is at 107.800.
Look for short-term selling opportunities of USD/JPY.
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USD/JPY Outlook (24 July 2020)
Singapore | 2020-07-24 16:13Overall, USD/JPY is ranging across. Recently, USD/JPY trended lower, breaking below the key level of 107.
The Japanese banks will be closed today in observance of Health-Sports Day. Expect lower trading volume and volatility during the Japanese market session.
USD/JPY’s next support zone is at 106.200 and the next resistance zone is at 107.800.
Look for short-term selling opportunities of USD/JPY.
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