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111119 USDJPY-Noon

by | Nov 11, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-11-11

USDJPY, H4: USDJPY was traded lower while currently testing near the support level 108.85. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its losses after it breaks below the support level.

 

Resistance level: 109.40, 109.90

Support level: 108.85, 108.25