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080120 USDJPY

by | Jan 8, 2020 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2020-01-08

USDJPY, H4: USDJPY was traded lower while currently testing near the support level 107.90. MACD which illustrate diminishing bullish momentum with the starting formation of death cross suggest the pair to extend its losses after it breaks below the support level.

 

Resistance level: 108.45, 108.90

Support level: 107.90, 107.40