GCMAsia -USDJPY
USDJPY
2017-09-26
| Resistance and Support | Level | Explanation |
| Resistance | 112.70 | H4 |
| Support | 111.45 | H4 |
USDJPY, H4: USDJPY was traded higher after recent rebound from support level at 111.45. A long bearish engulfing candlestick coupled with downward slope of MACD histogram suggests the pair on bias to further its losses, testing back the said support level.
Resistance level: 112.70, 114.00
Support level: 111.45, 110.70