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GCMAsia - USDJPY
USDJPY
USDJPY
2018-11-28
Resistance and Support Level Explanation
Resistance 113.85 H4
Support 113.50 H4

USDJPY, H4: USDJPY was traded higher while currently testing the resistance level 113.85. MACD which illustrate diminishing bullish momentum suggest the pair to retrace from the resistance level towards the support level of 113.50.

 

Resistance level: 113.85, 114.20

Support level: 113.50, 113.25