GCMAsia - USDJPY

USDJPY
2019-06-05

USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance level at 108.40. However, MACD which illustrate bullish momentum suggests the pair to undergo technical correction in short term toward the support level at 107.85.
Resistance level: 108.40, 108.80
Support level: 107.85, 107.45