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160518 USDJPY

by | May 16, 2018 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2018-05-16
Resistance and Support Level Explanation
Resistance 110.40 H4
Support 110.00 H4

USDJPY, H4: USDJPY was traded higher following breaking resistance level at 110.00. MACD signal line that displays ongoing bullish momentum would suggest the pair to extend its gains if breakout at the next resistance level 110.40 is successful.

Resistance level: 110.40, 110.90

Support level: 110.00, 109.60