2020-09-18 18:52
Market analysisUSD/JPY Outlook (18 September 2020)
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Market analysis：
Overall, USD/JPY is trending downwards. Recently, USD/JPY trended lower, breaking below the key level of 105.
The Japanese banks will be closed next Monday in observance of Respect-for-the-Aged Day. Lower trading volume and volatility is expected during the Japanese trading hours.
USD/JPY’s next support zone is at 104.400 and the next resistance zone is at 105.400.
Look for selling opportunities of USD/JPY.
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USD/JPY Outlook (18 September 2020)
Singapore | 2020-09-18 18:52Overall, USD/JPY is trending downwards. Recently, USD/JPY trended lower, breaking below the key level of 105.
The Japanese banks will be closed next Monday in observance of Respect-for-the-Aged Day. Lower trading volume and volatility is expected during the Japanese trading hours.
USD/JPY’s next support zone is at 104.400 and the next resistance zone is at 105.400.
Look for selling opportunities of USD/JPY.
Forex
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Others
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