GCMAsia-USDJPY

USDJPY
2020-07-08

USDJPY, H4: USDJPY was traded higher following prior rebound from the support level at 107.35. However, MACD which illustrated increasing bearish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 107.90, 108.45
Support level: 107.35, 106.80