GCMAsia - USDJPY

USDJPY
2019-07-22

USDJPY, H4: USDJPY was traded higher while currently testing near the 60-MA line (red). MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gains after successfully closing above its 60-MA line.
Resistance level: 108.20, 108.70
Support level: 107.60, 107.25