GCMAsia-USDJPY
USDJPY
2021-06-04
USDJPY, H4: USDJPY was traded higher following prior breakout above the previous resistance level at 110.10. However, MACD which illustrated diminsihing bullish momentum suggest the pair to experience a technical correction in short term back towards the level 110.10.
Resistance level: 110.50, 110.90
Support level: 110.10, 109.70