GCMAsia - 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