GCMAsia - USDJPY
USDJPY
2019-08-19
USDJPY, H4: USDJPY was traded higher following prior breakout above the previous resistance level at106.00. However, MACD which display diminishing bullish momentum suggest the pair to undergo short term technical correction toward the support level at 106.00.
Resistance level: 106.70, 107.25
Support level: 106.00, 105.60