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USD/JPY (Daily chart)
As we can see, the yen dropped against the US dollar. This decline reflects a flow of investors in the US.
EUR/USD
At the same time, the euro is still resisting the US dollar rise. However, buyers’ pressure is becoming stronger.
Sell positions could be opened from 1.2085.
Buy positions could be initiated after an upward break of 1.2180.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Jozef Kovach,
Analytical expert
InstaForex Group © 2007-2021
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