GCMAsia - USDJPY

USDJPY
2018-05-18
Resistance and Support | Level | Explanation |
Resistance | 111.00 | H4 |
Support | 110.40 | H4 |
USDJPY, H4: USDJPY was traded higher prior breaking trend line of ascending wedge. MACD that displays ongoing bullish momentum would suggest the pair to extend its gains towards the resistance level at 111.00.
Resistance level: 111.00, 111.70
Support level: 110.40, 110.00