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200120 USDJPY

by | Jan 20, 2020 | USD/JPY | 0 comments

GCMAsia-USDJPY
USDJPY
USDJPY
2020-01-20

USDJPY, H4: USDJPY was traded higher while currently testing the resistance level 110.20. However, MACD which illustrate bearish momentum signal suggest the pair to experience a technical correction in short term towards the support level 109.70.

 

Resistance level: 110.20, 110.65

Support level: 109.70, 109.25