GCMAsia - USDJPY
USDJPY
2018-03-27
| Resistance and Support | Level | Explanation |
| Resistance | 105.60 | H4 |
| Support | 105.20 | H4 |
USDJPY, H4: USDJPY was traded higher after breaking resistance level at 105.20 and the pair is currently testing the next resistance level at 105.60. MACD histogram that portrays increasing bullish momentum would suggest the pair to extend its gains towards the descending trend line if breakout at the current level is successful.
Resistance level: 105.60, 106.50
Support level: 105.20, 104.60