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GCMAsia - USDJPY
USDJPY
USDJPY
2017-05-26
Resistance and Support Level Explanation
Resistance 112.00 H4
Support 111.25 H4

USDJPY, H4: USDJPY was traded lower following prior retracement from the strong resistance level of 112.00 while currently testing at the 20-moving average line (red). A closure below the line would suggest USDJPY to advance further down, towards the target of support level at 111.25.

 

Resistance level: 112.00, 112.90

Support level: 111.25, 110.50