GCMAsia-USDJPY
USDJPY
2020-12-15
USDJPY, H4: USDJPY remain traded in a sideway channel following recent rebound from the support level 103.65. However, MACD which illustrate diminishing bearish momentum signal with the formation of golden cross suggest the pair to extend its rebound in short term towards the resistance level 104.50.
Resistance level: 104.50, 105.15
Support level: 103.65, 103.20