GCMAsia - USDJPY

USDJPY
2019-07-12

USDJPY, H1: USDJPY was traded lower while currently testing near the 60-MA line (red). MACD which display diminishing bullish momentum suggest the pair to extend its losses after successfully closing below the 60-MA line.
Resistance level: 108.70, 109.15
Support level: 108.20, 107.60