GCMAsia - USDJPY

USDJPY
2017-11-08
| Resistance and Support | Level | Explanation |
| Resistance | 114.40 | H4 |
| Support | 113.70 | H4 |

USDJPY, H4: USDJPY was traded within ascending triangle and it is currently testing the trend line of the triangle. It is suggested to wait for breakout to occur at support level 113.70 for a clearer indication to short the pair.
Resistance level: 114.40, 115.30
Support level: 113.70, 112.95