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240521 USDJPY-Noon

by | May 24, 2021 | USD/JPY | 0 comments

GCMAsia-USDJPY
USDJPY
USDJPY
2021-05-24

USDJPY, H4: USDJPY was traded lower following recent retracement from its high level. MACD which illustrate diminishing bullish momentum signal suggest the pair to extend its retracement towards the support level 108.45.

 

Resistance level: 109.05, 109.75

Support level: 108.45, 107.60