GCMAsia - USDJPY
USDJPY
2017-09-25
| Resistance and Support | Level | Explanation |
| Resistance | 112.85 | Daily |
| Support | 111.65 | Daily |
USDJPY, Daily: USDJPY pared its prior losses following a rebound from the support level of 111.65. MACD histogram which illustrate diminishing upward signal may suggest USDJPY to be traded lower in short-term as technical correction. Otherwise, a close above the target of 112.85 would further validate its current upward momentum thereafter.
Resistance level: 112.85, 114.35
Support level: 111.65, 110.85