GCMAsia - USDJPY
USDJPY
2018-09-18
| Resistance and Support | Level | Explanation |
| Resistance | 111.95 | H1 |
| Support | 111.65 | H1 |
USDJPY, H1: USDJPY was traded higher while currently testing the resistance level 111.95. Recent price action and MACD which illustrate a bullish momentum and the formation of a golden cross suggest the pair to extend its gains after a breakout above the resistance level 111.95.
Resistance level: 111.95, 112.20
Support level: 111.65, 111.25