GCMAsia - USDJPY

USDJPY
2020-07-06

USDJPY, H4: USDJPY was traded higher following prior rebound near the support level at 107.45. MACD which illustrate diminishing bearish momentum with the formation of golden cross signal suggest the pair to extend its gains toward the resistance level at 107.90.
Resistance level: 107.90, 108.35
Support level: 107.45, 106.80