GCMAsia - USDJPY

USDJPY
2020-10-14

USDJPY, H4: USDJPY remain traded in a sideway channel. However, MACD which illustrate bullish bias signal with the starting formation of golden cross suggest the pair to be traded higher in short term towards the resistance level 105.80.
Resistance level: 105.80, 106.45
Support level: 105.15, 104.25