GCMAsia - USDJPY

USDJPY
2019-02-28

USDJPY, H4: USDJPY was traded in a sideways channel following prior retracement from the top level. MACD which illustrate diminishing upward momentum suggests the pair to be traded lower in short-term, towards the direction of 110.50.
Resistance level: 111.00, 111.45
Support level: 110.50, 110.00