GCMAsia - USDJPY
USDJPY
2020-01-10
USDJPY, H4: USDJPY was traded higher following prior breakout above the previous resistance level at 109.25. However, MACD which illustrated diminishing bullish momentum suggest the pair to undergo short term technical correction toward the support level at 109.25.
Resistance level: 109.70, 110.00
Support level: 109.25, 108.95