GCMAsia - USDJPY

USDJPY
2019-06-19

USDJPY, H4: USDJPY remains traded in a narrowing triangle while currently testing near the bottom-level of the triangle. MACD which illustrate bearish bias signal suggest the pair to extend its losses after breaking below the bottom level of the triangle.
Resistance level: 108.45, 109.15
Support level: 107.85, 107.40