Overall, USD/JPY is trending upwards.

The Japanese Economy Watchers Sentiment data (Forecast: 43.4, Previous: 34.7) will be released later at 1300 (GMT+8).

USD/JPY’s next support zone is at 110.800 and the next resistance zone is at 112.000.
Look for short-term buying opportunities of USD/JPY up until the release of the U.S. Non-Farm Payroll jobs report later at 2030 (GMT+8).

Be sure to follow me on Twitter at @jdtai and on TradingView at Jin_LCMSTraders for my latest post!


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By Jin Dao Tai

JinDao Tai is an Entrepreneur, Award-Winning Forex Coach & Trainer, International Speaker and Multi-Million Dollar Trader. Starting out his career as an economic & financial consultant in Australia, one day he decided to change his life and pivoted into multiple entrepreneurship endeavours and eventually into managing a multi-million dollar portfolio.

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