GCMAsia - USDJPY

USDJPY
2018-03-09
| Resistance and Support | Level | Explanation |
| Resistance | 106.80 | H4 |
| Support | 105.50 | H4 |

USDJPY, H4: USDJPY was traded higher prior rebound from support level at 105.50. The pair is currently testing the resistance level at 106.80. MACD histogram that shows increasing bullish momentum would suggest the pair to extend higher if closure of candlestick above the said resistance level is successful.
Resistance level: 106.80, 107.80
Support level: 105.50, 103.60