GCMAsia - USDJPY

USDJPY
2020-06-18

USDJPY, Daily: USDJPY was traded lower following prior breakout below the previous support level at 107.15. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to undergo technical correction toward the resistance level at 107.15.
Resistance level: 107.15, 108.15
Support level: 106.20, 104.80