GCMAsia - USDJPY

USDJPY
2017-04-07
| Resistance and Support | Level | Explanation |
| Resistance | 110.90 | H4 |
| Support | 110.15 | H4 |

USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance level of 110.90 while currently testing near the strong support level of 110.15. A successful closure below this level would suggest USDJPY to extend its downward momentum towards the subsequent target of support level at 109.65.
Resistance level: 110.90, 111.45, 112.20
Support level: 110.15, 109.65