GCMAsia - USDJPY

USDJPY
2019-12-12

USDJPY, H4: USDJPY was traded lower while currently testing near the support level 108.45. MACD which illustrate diminishing bullish momentum signal with the starting formation of death cross suggest the pair to extend it losses after it breaks below the support level.
Resistance level: 109.00, 109.40
Support level: 108.45, 107.90