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120619 USDJPY-Noon

by | Jun 12, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-06-12

USDJPY, H4: USDJPY was traded lower while currently testing the support level 108.45. MACD which illustrate starting bearish momentum with the formation of death cross suggest the pair to extend its losses after successfully breaking below the support level.

 

Resistance level: 109.15, 109.70

Support level: 108.45, 107.85