GCMAsia - USDJPY

USDJPY
2020-03-12

USDJPY, Daily: USDJPY was traded lower following prior retracement from the resistance level at 105.15. However, MACD which illustrated diminishing bearish momentum suggest the pair to undergo short term technical correction toward the resistance level at 105.15.
Resistance level: 105.15, 106.20
Support level: 103.10, 100.20