GCMAsia - USDJPY

USDJPY

USDJPY, H1: USDJPY remains traded within a sideways channel while currently testing at the top level. MACD which illustrate diminished upward momentum suggests the pair to be traded lower following a successful retracement from the top level.
Resistance level: 110.00, 110.50.
Support level: 109.55, 108.95