GCMAsia -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