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230320 USDJPY-Noon

by | Mar 23, 2020 | USD/JPY | 0 comments

GCMAsia-USDJPY
USDJPY
USDJPY
2020-03-23

USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance level 111.45. MACD which display bearish bias signal with the formation of death cross suggest the pair to extend its retracement towards the support level 108.45.

 

Resistance level: 111.45, 114.05

Support level: 108.45, 105.65