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110121 USDJPY

by | Jan 11, 2021 | USD/JPY | 0 comments

GCMAsia-USDJPY
USDJPY
USDJPY
2021-01-11

USDJPY, H4: USDJPY was traded higher while currently testing near the resistance level 104.25. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a technical correction towards the support level 103.20.

 

Resistance level: 104.25, 105.10

Support level: 103.20, 102.70