GCMAsia -USDJPY

USDJPY
2017-11-09
| Resistance and Support | Level | Explanation |
| Resistance | 114.20 | H1 |
| Support | 113.70 | H1 |

USDJPY, H1: USDJPY was traded higher prior breaking above the trend line and resistance level at 113.70. Successful closure of candlestick above the 200-MA line and golden-cross as formed by MACD histogram suggest the pair to extend higher toward the next resistance level at 114.20.
Resistance level: 114.20, 114.70
Support level: 113.70, 112.90