GCMAsia - USDJPY
USDJPY
2017-07-12
| Resistance and Support | Level | Explanation |
| Resistance | 113.80 | H4 |
| Support | 113.15 | H4 |
USDJPY, H4: USDJPY were traded lower following prior retracement from previous high at 114.50. Recent closure below the 20-MA line (red) suggest further downside bias for USDJPY to extend its losses towards the support level of 113.15.
Resistance level: 113.80, 114.50
Support level: 113.15, 112.30