GCMAsia - USDJPY

USDJPY
2019-11-26

USDJPY, H4: USDJPY was traded higher following prior breakout above the previous resistance level 108.85. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a technical correction in short term towards the current support level 108.85.
Resistance level: 109.40, 109.90
Support level: 108.85, 108.25