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010421 USDJPY-Noon

by | Apr 1, 2021 | USD/JPY | 0 comments

GCMAsia-USDJPY
USDJPY
USDJPY
2021-04-01

USDJPY, H4: USDJPY was traded higher while currently testing the resistance level at 110.55. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.

 

Resistance level: 110.75, 111.25

Support level: 110.00, 109.20