GCMAsia - USDJPY

USDJPY
2017-07-26
| Resistance and Support | Level | Explanation |
| Resistance | 112.10 | H4 |
| Support | 111.50 | H4 |

USDJPY, H4: USDJPY extended gains following prior rebound and closure above the 20-MA line (red). MACD histogram illustrate substantial upward signal suggests USDJPY to extend its upward momentum after successfully closing above the resistance level of 112.10.
Resistance level: 112.10, 112.55
Support level: 111.50, 110.60