GCMAsia - USDJPY
USDJPY
2020-11-25
USDJPY, H4: USDJPY was traded higher following recent breakout above the previous resistance level 104.25. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a short term technical correction back towards the level 104.25.
Resistance level: 105.10, 105.80
Support level: 104.25, 103.20