GCMAsia - USDJPY

USDJPY
2018-04-12
| Resistance and Support | Level | Explanation |
| Resistance | 106.80 | H1 |
| Support | 106.70 | H1 |

USDJPY, H1: USDJPY was traded higher after rebound from support level at 106.70. The pair is currently testing resistance level at 106.80. MACD signal line that shows a golden-cross would suggest the pair to continue its bullish momentum if candlestick successfully closes above the said resistance level.
Resistance level: 106.80, 107.00
Support level: 106.70, 106.40