GCMAsia - 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