USD/JPY Outlook (03 January 2022)

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Overall, USD/JPY is trending upwards.

Japanese banks will be closed today in observance of the 4-day Bank Holiday. Expect lower trading volume and volatility during the usual Japanese market session.

Currently, USD/JPY is trading towards the resistance zone of 115.300 the next support zone is at 112.800.
Look for buying opportunities of USD/JPY if it breaks the resistance zone of 115.300.

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