A mixed background is being formed today. On the one hand, growth in quotations is expected against the background of an uptrend in the American stock market, insofar as the USDJPY pair has historically been correlated with the S&P500 index.

Most US corporations that debriefed for 4 quarters of 2020 reported growth in revenue and net income, which encourages the growth of the US stock market. On the other hand, the surplus of dollar liquidity in the financial system will have a negative influence on the value of the American currency.

Investment idea: flat 104.30-105.20.