ByJin Dao Tai
AUG 12, 2021
Overall, USD/JPY is ranging across. Recently, USD/JPY rejected the resistance zone of 110.800 after the release of the U.S. CPI data that signifies a slowdown in inflation.
USD/JPY’s next support zone is at 108.500 and the next resistance zone is at 110.800.
Look for short-term selling opportunities of USD/JPY.
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