GCMAsia - USDJPY

USDJPY
2017-08-24
| Resistance and Support | Level | Explanation |
| Resistance | 109.50 | H4 |
| Support | 108.90 | H4 |

USDJPY, H4: USDJPY was traded higher following a rebound from the strong support level of 108.90. A successful closure above the 20-MA line (red) would suggest USDJPY to advance further up and retest near the resistance level of 109.50.
Resistance level: 109.50, 110.10
Support level: 108.90, 108.30