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200420 USDJPY

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

GCMAsia - USDJPY
USDJPY
USDJPY
2020-04-20

USDJPY, H4: USDJPY was traded lower following prior breakout below the previous support level at 107.70. MACD which illustrate diminishing bullish momentum signal suggests the pair to extend its losses toward the support level at 107.00.

 

Resistance level: 107.70, 108.55

Support level: 107.00, 106.30