GCMAsia-USDJPY

USDJPY
2020-08-11

USDJPY, H4: USDJPY was traded higher following prior rebound from the support level at 105.35. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 106.40, 107.35
Support level: 105.35, 104.25