GCMAsia - USDJPY
USDJPY
2020-09-24
USDJPY, H4: USDJPY was traded higher following prior breakout above the previous resistance level 105.25. However, MACD which illustrate signs of diminishing bullish momentum suggest the pair to be traded lower as a technical correction after it breaks back below the current support level 105.25.
Resistance level: 106.20, 106.95
Support level: 105.25, 104.25