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040119 USDJPY

by | Jan 4, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-01-04
Resistance and Support Level Explanation
Resistance 108.40 H4
Support 107.70 H4

USDJPY, H4: USDJPY was traded higher following prior breakout above previous resistance level 107.70. MACD which illustrate starting bullish momentum suggest the pair to extend its gains towards the resistance level 108.40.

 

Resistance level: 108.40, 108.90

Support level: 107.70, 107.00