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GCMAsia -USDJPY
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