GCMAsia - USDJPY
USDJPY
2017-08-15
| Resistance and Support | Level | Explanation |
| Resistance | 110.10 | H4 |
| Support | 109.40 | H4 |
USDJPY, H4: USDJPY retraces sharply following previous rebound from the support level of 108.70. As the MACD histogram continues to illustrate positive divergence, a successful breakthrough from the downward trendline would signal a change in trend direction to move further upwards thereafter.
Resistance level: 110.10, 110.90
Support level: 109.40, 108.70