USD/JPY Price Analysis: Dollar extends losses as market fears embolden yen
|- USD/JPY is retracing down for the third day in a row after last week’s massive bullish breakout.
- The level to beat for bears is the 109.80 support.
- Coronavirus fears are sending markets in risk-off mode, attracting investor to buy yen.
USD/JPY daily chart
USD/JPY four-hour chart
Additional key levels
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