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240419 USDJPY-Noon

by | Apr 24, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-04-24

USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance level 112.00. However, due to lack of momentum from the MACD, a breakout above or below the resistance and support level is required for further confirmation before entering the market.

 

Resistance level: 112.00, 112.40
Support level: 111.45, 110.95