GCMAsia - USDJPY

USDJPY
2017-08-04
| Resistance and Support | Level | Explanation |
| Resistance | 110.25 | H1 |
| Support | 110.05 | H1 |

USDJPY, H1: USDJPY was traded higher following prior rebound from the support level of 109.85. MACD histogram begins to form a positive divergence signal suggests USDJPY to extend its upward momentum towards the first target at 110.25.
Resistance level: 110.25, 110.55
Support level: 110.05, 109.85