GCMAsia - USDJPY

USDJPY
2020-09-18

USDJPY, H4: USDJPY was traded higher following prior rebound from the support level 104.35.. MACD which illustrate diminishing bearish momentum signal with the starting formation of golden cross suggest the pair to extend its rebound towards the resistance level 105.20.
Resistance level: 105.20, 106.20
Support level: 104.35, 103.65