Singapore

2020-09-15 18:14

Market analysisUSD/JPY Outlook (15 September 2020)
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Market analysis:
Overall, USD/JPY is ranging across. Recently, USD/JPY moved lower, breaking below the key level of 106. Yesterday, it was announced that Yoshihide Suga won a Liberal Democratic Party (LDP) leadership election, putting him in a parliamentary vote for Japan’s next Prime Minister this week. USD/JPY’s next support zone is at 105.400 and the next resistance zone is at 106.800. Look for selling opportunities of USD/JPY.
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USD/JPY Outlook (15 September 2020)
Singapore | 2020-09-15 18:14
Overall, USD/JPY is ranging across. Recently, USD/JPY moved lower, breaking below the key level of 106. Yesterday, it was announced that Yoshihide Suga won a Liberal Democratic Party (LDP) leadership election, putting him in a parliamentary vote for Japan’s next Prime Minister this week. USD/JPY’s next support zone is at 105.400 and the next resistance zone is at 106.800. Look for selling opportunities of USD/JPY.

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