GCMAsia-USDJPY

USDJPY
2020-06-11

USDJPY, H4: USDJPY was traded lower following prior breakout below the previous support level at 107.10. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 107.10, 107.55
Support level: 106.70, 106.30