GCMAsia - 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