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280319 USDJPY-Noon

by | Mar 28, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-03-28

USDJPY, H4: USDJPY was traded lower following prior breakout below the previous support level 110.35. MACD which illustrate bearish bias signal with the starting formation of death cross suggest the pair to extend its losses towards the support level 109.60.

 

Resistance level: 110.35, 110.95

Support level: 109.60, 108.95