GCMAsia - USDJPY
USDJPY
2019-10-16
USDJPY, H4: USDJPY was traded lower following prior retracement from its high levels. MACD which illustrate diminishing bullish momentum signal with the starting formation of death cross suggest the pair to extend its retracement towards the support level 108.45.
Resistance level: 109.20, 110.65
Support level: 108.45, 107.55