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210519 USDJPY-Noon

by | May 21, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-05-21

USDJPY, H1: USDJPY was traded higher while currently testing near the resistance level 110.20. However, MACD which illustrate diminishing bullish momentum suggest the pair to undergo short-term technical correction and retrace from the resistance level.

 

Resistance level: 110.20, 110.55

Support level: 109.70, 109.15