GCMAsia - USDJPY

USDJPY
2018-02-28
| Resistance and Support | Level | Explanation |
| Resistance | 108.45 | Daily |
| Support | 106.45 | Daily |

USDJPY, Daily: USDJPY was traded higher prior rebound from support level at 106.45. Formation of pin bar candlestick and MACD histogram that portrays increasing bullish momentum would suggest the pair to extend its gains towards the resistance level at 108.45.
Resistance level: 108.45, 110.15
Support level: 106.45, 104.25