GCMAsia - USDJPY
USDJPY
2020-08-12
USDJPY, H4: USDJPY was traded higher following recent breakout above the previous resistance level 106.20. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a short term technical correction to current support level 106.20.
Resistance level: 106.75, 107.40
Support level: 106.20, 105.25