GCMAsia - USDJPY

USDJPY
2019-02-14

USDJPY, H4: USDJPY was extending its bullish momentum following prior breakout from the previous resistance level 110.90. MACD which illustrate diminishing bullish momentum suggest the pair to undergo short-term technical correction and retrace back to the support level 110.90.
Resistance level: 111.00, 111.45
Support level: 110.50, 110.00