GCMAsia - USDJPY
USDJPY
2020-11-26
USDJPY, H4: USDJPY was traded lower following prior retracement from high level while currently testing near the support level 104.25. MACD which illustrate bearish bias signal with the starting formation of death cross suggest the pair to extend its losses after it breaks below the support level.
Resistance level: 105.10, 105.80
Support level: 104.25, 103.20