Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
EUR/JPY is in doubts
Information is not investment advice
On H1 of EUR/JPY, the pair rebounded from lows at 117.80 and moved up. However, the pair touched the resistance at 118.43, that may prevent the further rise. A move up may be confirmed if the pair breaks above 118.59, the target will be located at 118.80.
If the situation changes, the slide may be expected at 118.20 with the aim at 118.02. In the case of the breakthrough, pay attention to the level of 117.80.
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Yellow metal has become the best performing asset during the coronavirus. Some analysts foresee it will reach $2 000.
EUR/JPY is likely to move further within an uptrend. Look for the break out above 121.55!