GCMAsia - USDJPY

USDJPY
2020-01-14

USDJPY, H4: USDJPY was traded higher while currently testing near the resistance level 110.20. However, MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower as a technical correction towards the support level 109.70.
Resistance level: 110.20, 110.65
Support level: 109.70, 109.25