GCMAsia - USDJPY
USDJPY
2017-07-19
| Resistance and Support | Level | Explanation |
| Resistance | 112.30 | H4 |
| Support | 111.65 | H4 |
USDJPY, H4: USDJPY was traded higher following prior rebound near the support level of 111.65. However, as both MA line continues to expand downwards while coupled with increasing downward momentum from MACD, USDJPY is expected to extend its losses towards the target of support level at 111.65.
Resistance level: 112.30, 113.15
Support level: 111.65, 111.00