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230519 USDJPY-Noon

by | May 23, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-05-23

USDJPY, H4: USDJPY was traded higher following prior rebound from the support level 110.20. However, MACD which display bearish momentum and the formation of death cross suggest the pair to be trade lower towards the support level 110.20.

 

Resistance level: 110.55, 110.95

Support level: 110.20, 109.70