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GCMAsia - USDJPY
USDJPY
USDJPY
2017-08-08
Resistance and Support Level Explanation
Resistance 111.00 H4
Support 110.35 H4

USDJPY, H4: USDJPY remains traded within a range following prior retracement from the 60-MA line (green). The price action suggests short-term downside bias for USDJPY to extend its losses towards the target of support level at 110.35.

 

Resistance level: 111.00, 111.65

Support level: 110.35, 109.90