GCMAsia - USDJPY

USDJPY
2019-03-25

USDJPY, H4: USDJPY was traded lower following recent breakout below the previous support level 110.35. However, MACD which illustrate diminishing bearish momentum suggest the pair to experience a short-term technical correction towards the resistance level 110.35.
Resistance level: 110.35, 111.10
Support level: 109.60, 108.95