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271218 USDJPY

by | Dec 27, 2018 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2018-12-27
Resistance and Support Level Explanation
Resistance 111.35 H1
Support 110.90 H1

USDJPY, H1: USDJPY was traded lower while currently testing near the support level 110.90. MACD which display diminishing bearish momentum suggest the pair to undergo short-term technical correction and rebound from the support level.

 

Resistance level: 111.35, 111.65

Support level: 110.90, 110.60