GCMAsia - USDJPY
USDJPY
2019-12-04
USDJPY, Daily: USDJPY was traded lower following prior breakout below the previous support level at 109.00. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 108.40.
Resistance level: 109.00, 109.40
Support level: 108.40, 107.95