GCMAsia - USDJPY
USDJPY
2017-07-20
| Resistance and Support | Level | Explanation |
| Resistance | 112.30 | H4 |
| Support | 111.65 | H4 |
USDJPY, H4: USDJPY was traded higher following prior rebound from the strong support level of 111.65. Such price action indicates a pickup in bullish momentum which suggests USDJPY to be traded higher in short-term and head towards the next target at 112.30.
Resistance level: 112.30, 113.15
Support level: 111.65, 111.00