A decrease in quotes to the area of the last week’s minimum(109.61) should be used for purchases. Investors in recent days have been aggressively buying up shares on the Tokyo Stock Exchange in anticipation of large-scale stimulus measures from the Japanese government, which is a negative factor for the Japanese yen, inasmuch as the expansion of the supply of the national currency has always led to a fall in the rate in the past.

Investors hope that stimulus in Japan in the coming months will be greater than in the United States, and against this background, it is advisable to open Buy positions in this currency pair.

Trade recommendation: Buy 109.61/109.40 and take profit 110.20