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150818 USDJPY

by | Aug 15, 2018 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2018-08-15
Resistance and Support Level Explanation
Resistance 111.45 H1
Support 111.10 H1

USDJPY, H1: USDJPY was traded higher following prior breakout above the resistance level 111.10. MACD which illustrate diminished bullish signal suggest the pair to experience short term technical correction towards the support level 111.10.

 

Resistance level: 111.45, 111.90

Support level: 111.10, 110.75