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111219 USDJPY-Noon

by | Dec 11, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-12-11

USDJPY, H4: USDJPY was traded higher while currently testing the 50 moving average line (Blue). MACD which illustrated increasing bullish momentum suggest the pair to extend its gains after it successfully breakout above the moving average line.

 

Resistance level: 109.00, 109.40

Support level: 108.40, 107.95