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GCMAsia -USDJPY
USDJPY
USDJPY
2017-11-07
Resistance and Support Level Explanation
Resistance 114.40 H4
Support 112.90 H4

USDJPY, H4: USDJPY was traded within ascending triangle and currently traded lower after its failure to break resistance level at 114.40. It is suggested for the pair to extend losses toward the support level at 112.90 if breakout of the trend line is successful.

Resistance level: 114.40, 115.90

Support level: 112.90, 111.50