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010219 USDJPY

by | Feb 1, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-02-01
Resistance and Support Level Explanation
Resistance 108.95 H4
Support 107.85 H4

USDJPY, H4: USDJPY was traded higher while currently testing the resistance level 108.95. MACD which illustrate diminishing bearish momentum suggest the pair to extend its bullish momentum after it breaks above the resistance level 108.95.

 

Resistance level: 108.95, 110.00

Support level: 107.85, 107.05