GCMAsia-USDJPY
USDJPY
2020-11-16
USDJPY, H4: USDJPY was traded lower following prior breakout below the previous support level at 104.90. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 104.90, 105.65
Support level: 104.25, 103.70