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050121 USDJPY-Noon

by | Jan 5, 2021 | USD/JPY | 0 comments

GCMAsia-USDJPY
USDJPY
USDJPY
2021-01-05

USDJPY, H1: USDJPY was traded lower while currently testing the support level at 103.00. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses after it successfully breakout below the support level at 103.00.

 

Resistance level: 103.65, 104.00

Support level: 103.00, 102.55