GCMAsia - USDJPY

USDJPY
2017-10-20
| Resistance and Support | Level | Explanation |
| Resistance | 113.15 | H4 |
| Support | 112.50 | H4 |

USDJPY, H4: USDJPY was traded higher after breaking resistance level at 113.00. The pair is currently testing the next resistance level at 113.15. Golden-cross as formed by MACD signal line suggest the pair to trade higher if breakout of the said resistance level is successful.
Resistance level: 113.15, 113.55
Support level: 112.50, 112.00