GCMAsia - USDJPY

USDJPY
2017-08-23
| Resistance and Support | Level | Explanation |
| Resistance | 110.10 | H4 |
| Support | 109.50 | H4 |

USDJPY, H4: USDJPY has extended its gains following recent rebound while closing above both MA lines. MACD histogram which illustrates positive divergence suggests USDJPY to advance further up, towards the next target at resistance level of 110.10.
Resistance level: 110.10, 110.80
Support level: 109.50, 108.90