GCMAsia - USDJPY

USDJPY
2020-09-03

USDJPY, H4: USDJPY was traded higher while currently testing the resistance level 106.25. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to be traded lower as a technical correction towards the support level 105.20.
Resistance level: 106.25, 106.95
Support level: 105.20, 104.35