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GCMAsia - USDJPY
USDJPY
USDJPY
2017-07-18
Resistance and Support Level Explanation
Resistance 112.30 H4
Support 111.65 H4

USDJPY, H4: USDJPY extended its losses following prior breakthrough from the support level of 112.30. Both MA lines which continues to expand further downwards suggests further downside bias towards the next target at 111.65.

 

Resistance level: 112.30, 113.15

Support level: 111.65, 111.00