GCMAsia - USDJPY

USDJPY
2019-02-18
USDJPY, H4: USDJPY was traded flat after it breaks below the previous support level 110.65 recently. However, MACD which illustrate diminishing bearish momentum suggest the pair to be traded higher after it breaks back above the previous support level.
Resistance level: 110.65, 111.40
Support level: 110.00, 108.95