GCMAsia - USDJPY

USDJPY
2020-01-16

USDJPY, H4: USDJPY was traded flat near the support level. However, MACD which illustrate bearish momentum signal with the recent formation of death cross suggest the pair to be traded lower after it breaks below the support level.
Resistance level: 110.20, 110.65
Support level: 109.70, 109.25