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070819 USDJPY

by | Aug 7, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-08-07

USDJPY, H4: USDJPY was traded lower following prior retrace from the resistance of 104.50. MACD which illustrate diminished upward momentum suggests the pair to be traded lower, towards the direction of 105.60.

 

Resistance level: 106.50, 107.25

Support level: 105.60, 104.85