GCMAsia - USDJPY

USDJPY
2019-05-20

USDJPY, H4: USDJPY was traded higher while currently testing near the resistance level 110.35. However, MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower as a short term technical correction towards the support level 109.70.
Resistance level: 110.35, 110.90
Support level: 109.70, 108.95