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FX.co ★ Forecasts for USD/JPY on April 20, 2021

Forecasts for USD/JPY on April 20, 2021

USD/JPY

Yesterday, the USD/JPY pair fell by 62 points, breaking the support of the MACD indicator line. Now the 107.35/55 target is open.

Forecasts for USD/JPY on April 20, 2021

We have a declining situation on the four-hour chart. The price has settled below the 108.40 level (March 23 low), it may continue to fall.

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Forecasts for USD/JPY on April 20, 2021

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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