14.04.2020
The pair received support at 107.50. It has every chance to turn up amid the growth of cautious optimism due to decreasing number of coronavirus death in Europe and the US, as well as positive economic statistics from China published today. This may serve as a basis for local growth of the pair.
Technical side:
The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is above the oversold zone and moves horizontally. Stoch are turning up.
Trading recommendations:
Buy a pair with its likely growth to 109.20.
USDJPY rate online: monitor the movement of the pair in real time.
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