GCMAsia - USDJPY

USDJPY
2018-10-29
| Resistance and Support | Level | Explanation |
| Resistance | 112.05 | H1 |
| Support | 111.80 | H1 |

USDJPY, H1: USDJPY was traded higher following prior rebound from the support level at 111.75. MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gains toward the resistance level at 112.05.
Resistance level: 112.05, 112.20
Support level: 111.80, 111.40