GCMAsia-USDJPY

USDJPY
2020-02-06

USDJPY, H4: USDJPY was traded higher following prior breakout above the previous resistance level at 109.05. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 110.20, 110.95
Support level: 109.60, 109.05