GCMAsia - USDJPY
USDJPY
2018-04-05
| Resistance and Support | Level | Explanation |
| Resistance | 107.00 | H4 |
| Support | 106.65 | H4 |
USDJPY, H4: USDJPY was traded higher prior breaking resistance level at 106.65. The pair is currently testing the resistance by descending trend line. MACD histogram that portrays increasing bullish momentum would suggest the pair to extend its gains if the pair successfully breaks the trend line as mentioned.
Resistance level: 107.00, 107.50
Support level: 106.65, 106.40