GCMAsia - USDJPY
USDJPY
2017-10-05
| Resistance and Support | Level | Explanation |
| Resistance | 113.15 | H4 |
| Support | 112.35 | H4 |
USDJPY, H4: USDJPY remains traded within a sideways formation following prior rebound from the strong support level of 112.35. MACD histogram which illustrate diminishing downward signal may suggest the pair to be traded higher in short-term. Otherwise, a breakout from either side is required for clearer long-term direction.
Resistance level: 113.15, 113.65
Support level: 112.35, 111.50