10:10, 03 February
The USDJPY pair has a high volatility in short term due to coronavirus threat. We expect that recovering on stock markets and this leads to up move on the pair.
In technically, 107.80 Is the key support level for pair. We may see some recovering if the pair stays above this level.
Resistance levels: 108.60 – 108.90 – 109.20
Support levels : 108.30 – 108.00 – 107.80