GCMAsia - USDJPY

USDJPY
2020-01-09

USDJPY, H4: USDJPY was traded higher while currently testing near the resistance level 109.20. However, MACD which illustrate diminishing bullish momentum suggest the pair to experience a short term technical correction towards the support level 108.45.
Resistance level: 109.20, 109.70
Support level: 108.45, 107.90