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GCMAsia - USDJPY
USDJPY
USDJPY
2017-05-19
Resistance and Support Level Explanation
Resistance 112.00 H4
Support 111.25 H4

USDJPY, H4: USDJPY was traded higher following prior rebound from the support level of 110.50 while currently testing to break the support level of 111.25. A successful breakthrough from the level of 111.25 would suggest USDJPY to move further downwards and retest near the support level of 110.50.

 

Resistance level: 112.00, 112.90

Support level: 111.25, 110.50