ByJin Dao Tai
AUG 31, 2021
Overall, USD/JPY is ranging across.
The Japanese Unemployment Rate data (Actual: 2.8%, Forecast: 2.9%, Previous: 2.9%) indicated a slight decline in unemployment in July.
The Japanese Consumer Confidence data (Forecast: 35.6, Previous: 37.5) will be released later at 1300 (GMT+8).
Currently, USD/JPY is testing to break above the key level of 110. Its next support zone is at 108.800 and the next resistance zone is at 110.800.
Look for buying opportunities of USD/JPY if it breaks above the key level of 110.
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