GCMAsia - USDJPY

USDJPY
2019-02-01
| Resistance and Support | Level | Explanation |
| Resistance | 108.95 | H4 |
| Support | 108.25 | H4 |

USDJPY, H4: USDJPY was traded higher while currently testing at the resistance of 108.95. MACD which illustrate diminished downward momentum suggests the pair to extend its gains after closing above the level of 108.95.
Resistance level: 108.95, 109.35
Support level: 108.25, 107.50