GCMAsia - USDJPY
USDJPY
2017-04-26
| Resistance and Support | Level | Explanation |
| Resistance | 111.30 | H4 |
| Support | 110.60 | H4 |
USDJPY, H4: USDJPY extended its rally following prior formation of golden cross by both MA lines. As the upward signal from MACD histogram continues to expand upwards, USDJPY is expected to advance further up after a successful closure above the resistance level of 111.30.
Resistance level: 111.30, 112.15
Support level: 110.60, 110.15