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040520 USDJPY-Noon

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

GCMAsia-USDJPY
USDJPY
USDJPY
2020-05-04

USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance level 107.10. MACD which illustrate diminishing bullish momentum signal suggest the pair to extend its losses towards the support level 105.55.

 

Resistance level: 107.10, 109.10

Support level: 105.55, 103.25