USD/JPY
Yesterday, the dollar against the yen once again showed approximate stability in the market. External support for the pair still came from the stock market (S&P 500 0.69%), which, in turn, grew due to optimism regarding trade negotiations between the US and China.
The risk of further development of a reversal divergence remains on the daily chart. Only a price move above the resistance of the red price channel 108.90 can remove this risk.
The material has been provided by InstaForex Company - www.instaforex.com