GCMAsia - USDJPY

USDJPY
2019-01-23
| Resistance and Support | Level | Explanation |
| Resistance | 109.90 | H4 |
| Support | 109.25 | H4 |

USDJPY, H4: USDJPY was traded higher while currently testing near the resistance level of 109.90. MACD which display diminished bearish momentum suggest the pair to extend its gains after a breakout above the resistance level.
Resistance level: 109.90, 110.40
Support level: 109.25, 108.55