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140619 USDJPY-Noon

by | Jun 14, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-06-14

USDJPY, H4: USDJPY remained traded in a narrowing triangle while currently testing the bottom level of the triangle. MACD which illustrate persistent bearish momentum suggest the pair to extend its losses after successfully breaking below the bottom level of the triangle.

 

Resistance level: 108.45, 109.15

Support level: 107.85, 107.40