GCMAsia-USDJPY
USDJPY
2019-11-01
USDJPY, H4: USDJPY was traded lower following prior breakout below the support level 108.25. However, MACD which illustrate diminishing bearish momentum suggest the pair to undergo a short term technical correction towards the current resistance level at 108.25.
Resistance level: 108.25, 108.85
Support level: 107.55, 106.70