The Dollar/Yen bears break the 50-period SMA as US President Trump tests positive for COVID-19. If Equities remain weak and couldn’t recover then the pair will likely fall further below 105. However, if the US Stimulus Bill gets approved, it will likely put an end to the risk-off sentiment, pushing the pair back above the 50-period SMA.
Support: 105.10 / 104.80
Resistance: 105.30 / 105.80
