GCMAsia - USDJPY

USDJPY
2020-02-14

USDJPY, H4: USDJPY was traded higher following prior rebound from the 50 moving average line (Blue). MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward the resistance level at 109.95.
Resistance level: 109.95, 110.25
Support level: 109.55, 109.25