USD/JPY Outlook (5 November 2019)
2019-11-05 14:20:28
Overall, USD/JPY has been trending upwards and the recent uptrend has broken the resistance level of 108.400.
A better than forecasted U.S. ISM non-manufacturing PMI data release at 2300 (SGT) may lead to buying opportunities of USD/JPY.
USD/JPY next resistance level is at 110.500 and the next support level is at 108.400.