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Overall, USD/JPY is trending downwards. Recently, USD/JPY bounced off the resistance zone of 106.200. Bank of Japan Governor Kuroda will be speaking at a webinar later at 2000 (SGT). During this time, there may be volatility in JPY. USD/JPY’s next support zone is at 104.400 and the next resistance zone of 106.200. Look for selling opportunities of USD/JPY.