GCMAsia-USDJPY

USDJPY
2020-06-30

USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance level at 107.90. However, MACD which illustrated increasing bullish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 107.90, 108.45
Support level: 107.35, 106.80