GCMAsia - USDJPY
USDJPY
2017-08-10
| Resistance and Support | Level | Explanation |
| Resistance | 110.35 | H4 |
| Support | 109.90 | H4 |
USDJPY, H4: USDJPY threaded water near the support level of 110.00 following prior rebound from the lower levels. As both moving average line continues to expand downwards, in tandem with the current downtrend suggests USDJPY to extend its losses after closing below the level of 110.00.
Resistance level: 110.35, 111.00
Support level: 109.90, 109.45