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100420 USDJPY-Noon

by | Apr 10, 2020 | USD/JPY | 0 comments

GCMAsia-USDJPY
USDJPY
USDJPY
2020-04-10

USDJPY, H1: USDJPY was traded lower following prior retracement from the resistance level at 108.65. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward support level at 108.25.

 

Resistance level: 108.65, 109.00

Support level: 108.25, 107.80