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060519 USDJPY-Noon

by | May 6, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-05-06

USDJPY, H4: USDJPY was traded lower following prior breakout below the previous support level at 110.85. MACD which display bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 110.35.

 

Resistance level: 110.85, 111.15

Support level: 110.35, 109.75