GCMAsia-USDJPY

USDJPY
2020-01-06

USDJPY, Daily: USDJPY was traded higher following prior rebound from the support level at 107.70. However, MACD which illustrated increasing bearish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 108.75, 109.65
Support level: 107.70, 106.85