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130918 USDJPY

by | Sep 13, 2018 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2018-09-13
Resistance and Support Level Explanation
Resistance 111.65 H1
Support 111.25 H1

USDJPY, H1: USDJPY was traded higher following prior breakout above the previous resistance level 111.25. MACD which display a bullish momentum and the formation of a golden cross suggest the pair to extend its gains towards the resistance level 111.65.

 

Resistance level: 111.65, 111.95

Support level: 111.25, 110.85