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GCMAsia - USDJPY
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