GCMAsia - USDJPY
USDJPY
2020-05-26
USDJPY, H4: USDJPY was traded higher following recent rebound from the support level 107.35. MACD which illustrate diminishing bearish bias signal with the formation of golden cross suggest the pair to extend its gains in short term towards the resistance level 108.05.
Resistance level: 108.05, 108.55
Support level: 107.35, 106.50