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GCMAsia - USDJPY
USDJPY
USDJPY
2017-08-02
Resistance and Support Level Explanation
Resistance 111.00 H4
Support 110.00 H4

USDJPY, H4: USDJPY were traded higher following a rebound from the support level of 110.00 while currently testing near the 20-MA line (red). A successful closure above the line would suggest an extension of uptrend towards the next target at 111.00.

 

Resistance level: 111.00, 111.65

Support level: 110.00, 109.70