GCMAsia - USDJPY

USDJPY
2019-03-06

USDJPY, H4: USDJPY was traded lower following prior retrace from the upper level of ascending channel. MACD which illustrate bearish signal suggests the pair to be traded lower after closing below the 20-MA line (red).
Resistance level: 112.20, 112.80
Support level: 111.45, 111.00