GCMAsia-USDJPY

USDJPY
2021-03-08

USDJPY, H4: USDJPY was traded higher while currently testing near the resistance level 108.55. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a technical correction towards the support level 107.70.
Resistance level: 108.55, 109.20
Support level: 107.70, 106.95