GCMAsia - USDJPY
USDJPY
2020-05-13
USDJPY, Daily: USDJPY was traded lower following prior retracement from the 50 moving average line (Blue). However, MACD which illustrate bullish bias momentum signal suggest the pair to undergo technical correction toward the resistance level at 108.20.
Resistance level: 108.20, 109.40
Support level: 107.20, 106.25