USD/JPY Outlook (13 May 2021)

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USD/JPY Outlook (13 May 2021)

ByJin Dao Tai

 MAY 13, 2021

USD/JPY Outlook (13 May 2021)

Overall, USD/JPY is ranging across. Recently, USD/JPY broke above the key level of 109 after the release of the strong U.S. inflation data.

USD/JPY’s next support zone is at 108.500 and the next resistance zone is at 110.800.

Look for buying opportunities of USD/JPY.

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