GCMAsia - USDJPY

USDJPY
2018-06-05
| Resistance and Support | Level | Explanation |
| Resistance | 110.00 | H4 |
| Support | 109.40 | H4 |

USDJPY, H4: USDJPY extended gains following prior rebound from the support level at 109.40. Both MACD histogram and MA lines suggests further bullish bias for the pair. However, a close above the resistance level at 110.00 is required to attain further validation.
Resistance level: 110.00, 110.55
Support level: 109.40, 108.85