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100521 USDJPY

by | May 9, 2021 | USD/JPY | 0 comments

GCMAsia-USDJPY
USDJPY
USDJPY
2021-05-10

USDJPY, H4: USDJPY was traded lower while currently testing the support level at 108.45. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses after it successfully breakout below the support level.

 

Resistance level: 109.05, 109.65

Support level: 108.45, 107.70