GCMAsia - USDJPY
USDJPY
2018-08-08
| Resistance and Support | Level | Explanation |
| Resistance | 111.55 | H1 |
| Support | 111.25 | H1 |
USDJPY, H1: USDJPY was traded higher following recent breakout above the resistance level 111.25. Price action and MACD which illustrate bullish momentum with golden cross formation suggest the pair may extends its gains after it breaks above the trend line.
Resistance level: 111.55, 111.90
Support level: 111.25, 111.00