Evening review of EUR/USD on February 24, 2021
USD/JPY (Daily chart)
As we can see, the yen dropped against the US dollar. This decline reflects a flow of investors in the US.
At the same time, the euro is still resisting the US dollar rise. However, buyers’ pressure is becoming stronger.
Sell positions could be opened from 1.2085.
Buy positions could be initiated after an upward break of 1.2180.
The material has been provided by InstaForex Company – www.instaforex.com