ByJin Dao Tai
MAY 17, 2021
Overall, USD/JPY is trending upwards.
The Japanese Preliminary GDP q/q data (Forecast: -1.2%, Previous: 2.8% revised from 3.0%) will be released tomorrow at 0750 (SGT).
USD/JPY’s next support zone is at 108.500 and the next resistance zone is at 110.800.
Look for buying opportunities of USD/JPY.
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