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FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000 
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USDJPY faces strong support at 200-day MA, break below targets 107.80
Ichimoku Analysis (Daily Chart)
Tenken-Sen- 109.73
Kijun-Sen- 108.97
As per our analysis, USDJPY continues to trade lower for 4th consecutive and shown a gap down as the coronavirus crisis accelerates. The number of cases infected has increased to 2744 and death toll to 80. The decrease in riskier assets has increased demand for Safe-haven assets like yen, gold, etc. The pair hits a low of 108.72 and is currently trading around 109.02.
Technically, near term support stands at 108.55 (200-day MA) and any violation below will drag the pair down till 108.30/107.80.On the higher side, immediate resistance is at 109.75, any violation above targets 110.40 (trend line resistance )/ 110.70 (61.8% fib)/111/111.70. The minor resistance is at 110.
It is good to sell on rallies around 109.25-40 with SL around 109.75 for the TP of 108.30/107.80.
