GCMAsia - USDJPY

USDJPY
2017-08-22
| Resistance and Support | Level | Explanation |
| Resistance | 109.50 | H4 |
| Support | 108.90 | H4 |

USDJPY, H4: USDJPY was traded higher following recent rebound form the strong support level of 108.90. Such price action suggests short-term upside bias for USDJPY to extend its gains towards the target of resistance level at 109.50.
Resistance level: 109.50, 110.10, 110.80
Support level: 108.90, 108.30