GCMAsia - USDJPY
USDJPY
2019-09-06
USDJPY, H4: USDJPY was traded higher following prior breakout above the previous resistance level 106.75. However, MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower as a short term technical correction towards the support level 106.75.
Resistance level: 107.75, 108.90
Support level: 106.75, 105.15