GCMAsia - USDJPY

USDJPY
2019-08-15

USDJPY, H4: USDJPY was traded lower following prior breakout below the previous support level 106.25. MACD which illustrate bearish bias signal with the starting formation of death cross suggest the pair to extend its losses towards the support level 105.45.
Resistance level: 106.25, 106.90
Support level: 105.45, 104.70