GCMAsia-USDJPY
USDJPY
2020-08-13
USDJPY, H4: USDJPY was traded higher following prior breakout above the resistance level at 107.35. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 107.35, 108.40
Support level: 106.40, 105.35