USD/JPY Outlook (16 January 2020)

2020-01-16 12:05:47

Overall, USD/JPY is moving across. Recently, USD/JPY moved lower, breaking the key level of 110 downwards.
Currently, USD/JPY is testing to break the key level of 110 upwards. Its next support level is at 109.600 and the next resistance level is 110.600.
Look for short-term buying opportunities of USD/JPY if it breaks above the key level of 110.