2020-08-27 17:59
Market analysisUSD/JPY Outlook (27 August 2020)
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Market analysis：
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.
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USD/JPY Outlook (27 August 2020)
Singapore | 2020-08-27 17:59Overall, 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.
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