GCMAsia - USDJPY
USDJPY
USDJPY, H4: USDJPY was traded higher while currently testing near the resistance level 106.70. However, due to lack of signal from the MACD, a breakout above or retracement from the resistance level is required to obtain further confirmation before entering the market.
Resistance level: 106.70, 107.25
Support level: 106.00, 105.60