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GCMAsia -USDJPY
USDJPY
USDJPY
2017-10-17
Resistance and Support Level Explanation
Resistance 112.35 H4
Support 111.65 H4

USDJPY, H4: USDJPY was traded higher prior its rebound from support level at 111.65. Formation of bullish engulfing candlestick and golden-cross by MACD signal line suggest the pair to trade higher toward the resistance level at 112.35.

Resistance level: 112.35, 113.00

Support level: 111.65, 108.90