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050319-USDJPY-Noon

by | Mar 5, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-03-05

USDJPY, H4: USDJPY was traded higher while currently testing near the resistance level 111.85. However, MACD which illustrate bearish momentum suggest the pair to undergo short-term technical correction and retrace towards the support level at 111.35.

 

Resistance level: 111.85, 112.35

Support level: 111.35, 110.90