GCMAsia - USDJPY
USDJPY
2017-03-30
| Resistance and Support | Level | Explanation |
| Resistance | 111.40 | H4 |
| Support | 110.70 | H4 |
USDJPY, H4: USDJPY was traded higher following prior rebound near the support level of 110.70 while currently testing at the strong resistance level of 111.40. As the MACD histogram continues to illustrate and upward signal and momentum, a closure above the level of 111.40 would suggest USDJPY to extend its upward momentum.
Resistance level: 111.40, 112.15
Support level: 110.70, 110.10