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GCMAsia - USDJPY
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