GCMAsia - USDJPY

USDJPY
2019-06-04

USDJPY, H4: USDJPY was traded lower while currently testing the support level at 107.85. However, MACD which illustrate diminishing bearish momentum suggests the pair to undergo technical correction toward the resistance level at 108.20 in short term.
Resistance level: 108.20, 108.80
Support level: 107.85, 107.45