GCMAsia - USDJPY

USDJPY
2018-07-10
| Resistance and Support | Level | Explanation |
| Resistance | 111.00 | H4 |
| Support | 110.70 | H4 |

USDJPY, H4: USDJPY extended gains following prior closure above the threshold of 110.70. Although MACD histogram begins to form a bullish crossover, the pair is required to close above the strong resistance of 111.00 in order to attain further confirmation.
Resistance level: 111.00, 111.35
Support level: 110.70, 110.55