GCMAsia-USDJPY

USDJPY
2020-11-03

USDJPY, H4: USDJPY was traded higher following prior breakout above the previous resistance level at 104.50. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 105.05, 105.40
Support level: 104.50, 104.00