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GCMAsia - USDJPY
USDJPY
USDJPY
2017-10-26
Resistance and Support Level Explanation
Resistance 114.00 H4
Support 113.50 H4

USDJPY, H4: USDJPY was traded lower prior its failure to break resistance level at 114.00. The pair is currently testing the support level at 113.50. Successful closure of candlesticks below the said support level would indicate the pair to extend losses toward the next support level at 113.15.

Resistance level: 114.00, 114.30

Support level: 113.50, 113.15