GCMAsia - USDJPY

USDJPY
2019-12-10

USDJPY, H4: USDJPY was traded lower following prior retracement from the 20-MA line (red). MACD which illustrate diminished upward momentum suggests the pair to be traded lower in short-term as technical correction.
Resistance level: 108.90, 109.35
Support level: 108.50, 107.90