GCMAsia - USDJPY
USDJPY
2020-08-14
USDJPY, H4: USDJPY was traded flat while currently testing the support level 106.75. However, MACD which illustrate diminishing bullish momentum signal with the formation of death cross suggest the pair to be traded lower after it breaks below the support level.
Resistance level: 107.40, 108.05
Support level: 106.75, 106.20