USD/JPY Outlook (05 February 2020)

2020-02-05 13:52:50

Overall, USD/JPY is ranging across. Recently, USD/JPY moved higher, breaking the key level of 109 upwards.
USD/JPY’s next support level is at 108.000 and the next resistance level is at 110.000.
Look for short-term buying opportunities of USD/JPY while noting that the resistance level of 110.000 is nearby.