GCMAsia - USDJPY
USDJPY
2017-04-11
| Resistance and Support | Level | Explanation |
| Resistance | 110.85 | H1 |
| Support | 110.65 | H1 |
USDJPY, H1: USDJPY was traded higher following previous rebound near the support level of 110.65. However as both moving average line continues to narrow downwards while coupled with MACD histogram which portrays moderate downward signal, a closure below the level of 110.65 would suggest USDJPY to move further downwards.
Resistance level: 110.85, 110.00
Support level: 110.65, 110.40