GCMAsia-USDJPY
USDJPY
2021-03-01
USDJPY, H4: USDJPY was traded higher following recent breakout above the previous resistance level 106.30. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a short-term technical correction back towards the level.
Resistance level: 106.95, 107.70
Support level: 106.30, 105.70