GCMAsia - USDJPY

USDJPY
2019-11-08

USDJPY, H4: USDJPY was traded higher while currently testing near the resistance level 109.35. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to be traded lower in short term as a technical correction towards the support level 108.85.
Resistance level: 109.35, 109.90
Support level: 108.85, 108.25