GCMAsia-USDJPY

USDJPY
2020-10-08

USDJPY, H4: USDJPY was traded higher following prior breakout above the previous resistance level at 105.75. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to undergo technical correction in short term toward the support level at 105.75.
Resistance level: 106.45, 106.95
Support level: 105.75, 105.15