USD/JPY Outlook (30 December 2019)

2019-12-30 10:03:09

Overall, USD/JPY is moving across. Recently, USD/JPY trended lower after failing to break the resistance level of 109.500.
USD/JPY’s next support level is at 108.300 and the next resistance level is at 109.500.
As trading volume is low due to festive season, look for short-term selling opportunities of USD/JPY.

Analysis will resume on 02 January 2020.
Wishing you a Happy New Year!