GCMAsia - USDJPY
USDJPY
2019-08-09
USDJPY, H4: USDJPY was traded lower following prior breakout below the previous support level at 106.05. However, MACD which illustrate persistent bullish momentum signal suggest the pair to undergo short term technical correction toward the resistance level at 106.05.
Resistance level: 106.05, 107.75
Support level: 105.60, 105.30