GCMAsia - USDJPY

USDJPY
2019-05-03

USDJPY, H4: USDJPY was traded flat near the 20-MA line (green). Due to lack of signal and momentum from the MACD, a breakout above the resistance level 111.75 or below the support level 111.35 is required for further confirmation before entering the market.
Resistance level: 111.75, 112.20
Support level: 111.35, 110.95