GCMAsia - USDJPY

USDJPY
2020-10-26

USDJPY, H4: USDJPY remain traded flat while currently testing near the resistance level 105.10. However, MACD which illustrate bullish bias signal with the recent formation of golden cross suggest the pair to be traded higher after it breaks above the resistance level.
Resistance level: 105.10, 105.80
Support level: 104.25, 103.65