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USD/JPY - 4 HOUR

Minipip
USD/JPY - 4 HOUR
06 Aug 2020, 07:53

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By Minipip
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USD/JPY (spot) - 4 hourly


USD/JPY is trending lower over the last few days. MACD is negative and the pair trades in the lower Bollinger band. RSI has a fair value of 45. To the downside, initial support would be 105.00 followed by the July lows of 104.15. To the upside, a break into the upper Bolliger at 105.83 could then target on 106.27.

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