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040220 USDJPY-Noon

by | Feb 4, 2020 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2020-02-04

USDJPY, H4: USDJPY was traded higher following prior rebound from the support level 108.45. MACD which illustrate diminishing bearish momentum signal with the formation of golden cross suggest the pair to extend its rebound towards the resistance level 108.90.

 

Resistance level: 108.90, 109.25

Support level: 108.45, 107.90