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060318 USDJPY

by | Mar 6, 2018 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2018-03-06
Resistance and Support Level Explanation
Resistance 106.40 H4
Support 105.25 H4

USDJPY, H4: USDJPY was traded higher prior rebound from support level at 105.25. MACD histogram that portrays increasing bullish momentum would suggest the pair to extend its gains if breakout at resistance level 106.40 is successful.

Resistance level: 106.40, 107.10

Support level: 105.25, 103.45