GCMAsia - 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