GCMAsia - USDJPY

USDJPY
2019-08-16

USDJPY, H4: USDJPY was traded lower while currently testing near the support level at 106.00. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses after successfully breaking below the support level at 106.00.
Resistance level: 106.70, 107.25
Support level: 106.00, 105.60