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GCMAsia - USDJPY
USDJPY
USDJPY
2018-12-19
Resistance and Support Level Explanation
Resistance 112.70 H4
Support 112.25 H4

USDJPY, H4: USDJPY was traded lower while currently retest the support level 112.25. MACD which illustrate diminishing bearish momentum suggest the pair to undergo short term technical correction towards the resistance level 112.70.

 

Resistance level: 112.70, 113.20

Support level: 112.25, 111.60