GCMAsia - USDJPY

USDJPY
2019-08-16

USDJPY, H4: USDJPY was traded higher while currently testing the resistance level 106.25. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a short term technical correction towards the support level 105.45.
Resistance level: 106.25, 106.90
Support level: 105.45, 104.70