The Dollar/Yen followed the decline in equities triggered by news indicating that a possible US coronavirus aid package wouldn’t be likely before the presidential election. Investors rushed to the anti-risk Yen pushing the pair towards 105 major support. If risk appetite remains weak today, then we will likely witness fresh monthly lows on this pair below 105.
Support: 105 / 104.85
Resistance: 105.30 / 105.60
