GCMAsia - USDJPY

USDJPY
2018-05-15
| Resistance and Support | Level | Explanation |
| Resistance | 110.00 | H4 |
| Support | 109.60 | H4 |

USDJPY, H4: USDJPY was traded higher prior breaking resistance level at 109.60. Golden-cross as displayed by MACD signal line would suggest the pair to extend its gains towards the next resistance level at 110.00 if current candlestick successfully closes above its previous high.
Resistance level: 110.00, 110.40
Support level: 109.60, 109.30