GCMAsia - USDJPY
USDJPY
2017-05-02
| Resistance and Support | Level | Explanation |
| Resistance | 112.20 | H4 |
| Support | 111.40 | H4 |
USDJPY, H4: USDJPY extended its gains following prior formation of golden cross by both moving average line. A successful closure above the resistance level of 112.20 would suggest USDJPY to extend its upward momentum.
Resistance level: 112.20, 112.90
Support level: 111.40, 110.60