GCMAsia - USDJPY

USDJPY
2018-10-16
| Resistance and Support | Level | Explanation |
| Resistance | 112.25 | H1 |
| Support | 112.05 | H1 |

USDJPY, H1: USDJPY was traded higher following prior breakout from the previous resistance level at 112.05. MACD which illustrate bullish momentum and formation of golden cross suggest the pair to extend its gains toward the resistance level at 112.25.
Resistance level: 112.25, 112.50
Support level: 112.05, 111.90