GCMAsia - USDJPY
USDJPY
2017-07-25
| Resistance and Support | Level | Explanation |
| Resistance | 111.65 | H4 |
| Support | 111.00 | H4 |
USDJPY, H4: USDJPY was traded higher following prior rebound from the support level at 110.60. However, Stochastic Oscillator which begins to form a retracement signal from the overbought level suggests USDJPY to be traded lower after successfully closing below the support level of 111.00.
Resistance level: 111.65, 112.30
Support level: 111.00, 110.60