The Dollar/Yen’s yesterday bounce to 107.42 was backed by the upbeat employment report, which also boosted stocks, although the movements were quickly reverted amid coronavirus-related concerns. The virus seems out of control in the US, with the country reporting a record of over 51,000 new cases 24 hours ago. Dr. Fauci said that the country faces a “serious situation,” as the virus was never under control. Price remains choppy without any clear direction as investors are not being able to assess risk properly.
Support: 107.33 / 107
Resistance: 107.60 / 108.10
