USD/JPY Outlook (10 February 2020)

2020-02-10 12:35:56

Overall, USD/JPY is ranging across. Recently, USD/JPY tested but failed to break the resistance level of 110.000.
Japanese banks will be closed tomorrow in observance of National Foundation Day. Expect lower volatility and trading volume.
USD/JPY next support level is at 108.000 and the next resistance level is at 110.000.
Stay out of USD/JPY for now.