USDJPY,H4: USDJPY remained traded as a down trend and it just rebounded from the support level of 108.70. Referring to the both movement lines in MACD indicator which narrowing and pointing upward, USDJPY suggested to be traded higher in short term. However, the pair expected to continues it’s down trend after the price close below the support level of 108.70.
Resistance level: 110.30, 111.30
Support level: 108.70, 106.50