GCMAsia - USDJPY

USDJPY
2019-03-27

USDJPY, H4: USDJPY was traded higher following prior breakout above the previous resistance level 110.35. However, MACD which illustrate diminishing bullish momentum suggest the pair to experience a technical correction in short term towards back the support level 110.35.
Resistance level: 111.10, 111.75
Support level: 110.35, 109.60