GCMAsia - USDJPY
USDJPY
2020-10-05
USDJPY, H4: USDJPY remain traded in a sideway channel following recent rebound from the support level 105.15. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to extend its rebound in short term towards the resistance level 105.90.
Resistance level: 105.90, 106.45
Support level: 105.15, 104.25