GCMAsia - USDJPY

USDJPY
2021-03-23

USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance level at 109.20. However, MACD which illustrated diminishing bearish momentum signal suggest the pair to undergo technical correction in short term.
Resistance level: 109.20, 109.65
Support level: 108.35, 107.85