GCMAsia - USDJPY

USDJPY
2017-11-10
| Resistance and Support | Level | Explanation |
| Resistance | 113.70 | H1 |
| Support | 113.35 | H1 |

USDJPY, H1: USDJPY was traded within descending channel and the pair was traded higher prior rebound from support level at 113.35. Formation of positive divergence by MACD histogram suggest the pair to extend its gains toward the resistance level at 113.70.
Resistance level: 113.70, 114.20
Support level: 113.35, 112.95