Market fears of a coronavirus uplift the prices of defensive ass

From a technical point of view, in case of departure and consolidation below 105, the instrument is likely to reach 104.4, where it can stop and, at least, correct upwards. The indicated milestone 104.4-105 is the strongest support zone, in which the price rested twice - in 2018 and 2019 at the peak of the aggravation of risks, in particular, in connection with trade wars.