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GCMAsia - USDJPY
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