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GCMAsia - USDJPY
USDJPY
USDJPY
2017-04-25
Resistance and Support Level Explanation
Resistance 110.00 H1
Support 109.65 H1

USDJPY, H1: USDJPY were traded higher following prior rebound near the 60-moving average line (green) at 109.65. With regards to the downward signal from MACD histogram which continues to narrow upwards, USDJPY is expected to advance further upwards after breaking the resistance level of 110.00.

 

Resistance level: 110.00, 110.35

Support level: 109.65, 109.35