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GCMAsia - USDJPY
USDJPY
USDJPY
2018-05-17
Resistance and Support Level Explanation
Resistance 110.40 H4
Support 110.00 H4

USDJPY, H4: USDJPY was traded higher prior rebound from support level at 110.00. However, death-cross as formed by MACD signal line would suggest the pair to undergo short-term technical correction before extending its bullish bias.

Resistance level: 110.40, 110.90

Support level: 110.00, 109.70