USD/JPY Outlook (26 August 2021)

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USD/JPY Outlook (26 August 2021)

ByJin Dao Tai

 AUG 26, 2021

USD/JPY Outlook (26 August 2021)

Overall, USD/JPY is ranging across.

Day 1 of the Jackson Hole Symposium will be held tomorrow. During this time, there may be volatility in USD/JPY.

Currently, USD/JPY is testing to break above the key level of 110. Its next support zone is at 108.800 and the next resistance zone is at 110.800.

Look for short-term buying opportunities of USD/JPY if it breaks above the key level of 110.

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