GCMAsia - USDJPY
USDJPY
2019-04-03
USDJPY, H4: USDJPY was traded higher following prior breakout above the previous resistance level at 111.40. However, MACD which display diminishing bullish momentum and the formation of death cross suggest the pair to undergo technical correction in short term toward the support level at 111.40.
Resistance level: 112.00, 112.35
Support level: 111.40, 110.85