USD/JPY Outlook (27 January 2022)

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Overall, USD/JPY is trending downwards. Recently, USD/JPY broke the resistance zone of 114.200 after the hawkish tone delivered by the U.S. FOMC.

USD/JPY’s next support zone is at 114.200 and the next resistance zone is at 116.000.
Look for buying opportunities of USD/JPY.

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