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080519 USDJPY

by | May 8, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-05-08

USDJPY, H4: USDJPY was traded lower following prior breakout below the previous support level 110.35. MACD which illustrate persistent bearish momentum suggest the pair to extend its losses towards the support level 109.60.

 

Resistance level: 110.35, 110.90

Support level: 109.60, 108.95