GCMAsia - USDJPY
USDJPY
2017-04-28
| Resistance and Support | Level | Explanation |
| Resistance | 111.30 | H4 |
| Support | 110.60 | H4 |
USDJPY, H4: USDJPY was traded flat following prior retracement from the resistance level of 111.30. With regards to MACD indicator which hovers outside of upward momentum, USDJPY may be traded lower in short-term as technical correction. Otherwise, upward expansion of both MA lines suggests an extension of uptrend in the long-term.
Resistance level: 111.30, 111.75
Support level: 110.60, 110.15