GCMAsia - USDJPY
USDJPY
2018-12-17
| Resistance and Support | Level | Explanation |
| Resistance | 113.50 | H1 |
| Support | 113.20 | H1 |
USDJPY, H1: USDJPY was traded higher in the sideway channel while currently testing near the resistance level at 113.50. MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gains after successfully breakout the resistance level at 113.50.
Resistance level: 113.50, 113.70
Support level: 113.20, 112.70