GCMAsia - USDJPY

USDJPY
2020-07-13

USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance level at 106.95. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to undergo technical correction toward the higher level.
Resistance level: 106.95, 107.50
Support level: 106.35, 106.05