GCMAsia - USDJPY

USDJPY
2019-02-28

USDJPY, H4: USDJPY was traded lower following prior breakout below the previous support level at 110.90. However, MACD which illustrate bullish bias momentum suggests the pair to be traded higher after successfully breakout the resistance level at 110.90.
Resistance level: 111.90, 111.15
Support level: 110.60, 110.25