USD/JPY maintains a downward dynamic

The USD/JPY pair continues to maintain a downward trend in negative sentiment and flight from risk with the continued risks of a slowdown in the US economy and aggravation of US-Chinese trade .

A deal to sell on the  USD/JPY pair should be considered below the level of 119.90-70. The resumption of the decline of this pair will open the way to support levels and goals at the level of: 109.20-00. Resistance is located on the marks: 110.00-20, fixing above which cancels expectations to decline.

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Hanzenko Anton

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