GCMAsia - USDJPY
USDJPY
2019-08-12
USDJPY, H4: USDJPY was traded lower while currently testing near the support level at 105.25. MACD which illustrate diminishing bullish momentum and the formation of death cross signal suggest the pair to extend its losses after successfully breakout below the support level at 105.25.
Resistance level: 105.60, 106.05
Support level: 105.25, 104.65