USD/JPY Outlook (27 November 2019)

Overall, USD/JPY is ranging across. Recently, USD/JPY trended higher due to U.S.-China trade war optimism, breaking the key level of 109 upwards.
USD/JPY’s next support level is at 108.000 and the next resistance level is at 109.400.
Look for short-term buying opportunities of USD/JPY while keeping in mind that it is moving towards the resistance level.