2020-07-27 15:47
Market analysisUSD/JPY Outlook (27 July 2020)
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Market analysis：
Overall, USD/JPY is trending downwards. Recently, USD/JPY broke the support zone of 106.200.
The Bank of Japan Core CPI y/y data (Forecast: NA, Previous: 0.0%) will be released later at 1300 (SGT).
USD/JPY’s next support zone is at 103.200 and the next resistance zone is at 106.200.
Look for selling opportunities of USD/JPY.
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USD/JPY Outlook (27 July 2020)
Singapore | 2020-07-27 15:47Overall, USD/JPY is trending downwards. Recently, USD/JPY broke the support zone of 106.200.
The Bank of Japan Core CPI y/y data (Forecast: NA, Previous: 0.0%) will be released later at 1300 (SGT).
USD/JPY’s next support zone is at 103.200 and the next resistance zone is at 106.200.
Look for selling opportunities of USD/JPY.
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