GCMAsia-USDJPY

USDJPY
2021-03-22

USDJPY, H4: USDJPY remain traded in a sideway channel while currently heading towards the support level 108. 40. However, MACD which display bearish momentum signal suggest the pair to be traded lower after it breaks below the support level.
Resistance level: 109.20, 109.70
Support level: 108.40, 107.70