GCMAsia - 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