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160720 USDJPY-Noon

by | Jul 16, 2020 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2020-07-16

USDJPY, H4: USDJPY was traded lower following recent retracement from the resistance level 107.40. MACD which illustrate bearish momentum signal suggest the pair to extend its losses towards the support level 106.60.

 

Resistance level: 107.40, 108.00

Support level: 106.60, 106.00