Overall, USD/JPY is trending upwards. Recently, USD/JPY traded into the support zone of 110.800.
The Japanese Consumer Confidence data (Actual: 37.8, Forecast: 37.4, Previous: 36.7) released last Friday indicated a slight increase in the level of confidence of the surveyed households on the economic conditions of Japan.
Currently, USD/JPY is testing the support zone of 110.800 and the next resistance zone is at 112.000.
Look for buying opportunities of USD/JPY if it rejects the support zone of 110.800.
The Japanese Consumer Confidence data (Actual: 37.8, Forecast: 37.4, Previous: 36.7) released last Friday indicated a slight increase in the level of confidence of the surveyed households on the economic conditions of Japan.
Currently, USD/JPY is testing the support zone of 110.800 and the next resistance zone is at 112.000.
Look for buying opportunities of USD/JPY if it rejects the support zone of 110.800.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join my mailing list jindaotai.com/joinme
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.