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160519 USDJPY-Noon

by | May 16, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-05-16

USDJPY, H4: USDJPY was traded higher while currently testing near the resistance level 109.55. MACD which display diminishing bullish momentum suggest the pair to undergo short-term technical correction and retrace towards the support level 109.15.

 

Resistance level: 109.55, 110.10

Support level: 109.15, 108.45