GCMAsia - USDJPY
USDJPY
2017-10-04
| Resistance and Support | Level | Explanation |
| Resistance | 113.00 | H4 |
| Support | 111.65 | H4 |
USDJPY, H4: USDJPY remains under pressure following prior retracement while currently testing at the upward trend line. MACD indicator which shows diminishing upward momentum suggests that a breakout from the upward trend line will suggest a change in trend direction to extend its losses thereafter.
Resistance level: 113.00, 114.30
Support level: 111.65, 110.00