Singapore
2020-04-09 15:50
Market analysisUSD/JPY Outlook (09 April 2020)
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Market analysis:
Overall, USD/JPY is trending upwards. Recently, USD/JPY has been ranging across.
Earlier today, Bank of Japan (BoJ) Governor Kuroda said in a speech that the BoJ will not hesitate to increase easing if the coronavirus pandemic further worsens the Japanese economy.
USD/JPY’s next support level is at 108.500 and the next resistance level is at 110.000.
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USD/JPY Outlook (09 April 2020)
Singapore | 2020-04-09 15:50
Overall, USD/JPY is trending upwards. Recently, USD/JPY has been ranging across.
Earlier today, Bank of Japan (BoJ) Governor Kuroda said in a speech that the BoJ will not hesitate to increase easing if the coronavirus pandemic further worsens the Japanese economy.
USD/JPY’s next support level is at 108.500 and the next resistance level is at 110.000.
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