GCMAsia-USDJPY

USDJPY
2020-03-16

USDJPY, H4: USDJPY was traded higher following prior rebound from the support level at 105.80. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 107.20, 108.35
Support level: 105.80, 103.60