USDJPY Technical Review

<p>The pair is consolidating below the level of 108.00 in the wake of a cautious recovery in demand for risky assets in the world, which was facilitated by the news of the end of last week about the successful trials of the drug from COVID-19 in the United States. We believe that any positive news in this regard will push the pair to growth. Keep track of real-time course changes. </p>
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<p> Trading recommendations: we consider it possible to buy a pair after it crosses the level of 108.00 with a likely local target of 109.20.</p>