Daily Market Analysis 16|04|2020: USDJPY

Intraday: Bearish * Technical Analysis * Preference: A Sell position is envisaged  if price trades below 107.706 with take profit at 107.680 * Alternative scenario: A Buy position is envisaged if price trades above 107.815 with take profit at 107.990 * Fundamentals:USD Unemployment Claims 1:30pm Comment: most investors have been weary of the dollar and have recently started pumping their …

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