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120421 USDJPY-Noon

by | Apr 12, 2021 | USD/JPY | 0 comments

GCMAsia-USDJPY
USDJPY
USDJPY
2021-04-12

USDJPY, H4: USDJPY was traded lower following recent retracement from its high. MACD which illustrate diminishing bullish momentum signal suggest the pair to extend its retracement in short term towards the support level 109.20.

 

Resistance level: 109.95, 110.85

Support level: 109.20, 108.45