GCMAsia - USDJPY

USDJPY
2018-03-01
| Resistance and Support | Level | Explanation |
| Resistance | 107.40 | H1 |
| Support | 106.50 | H1 |

USDJPY, H1: USDJPY was traded higher prior rebound from support level at 106.50. MACD histogram that shows diminishing bearish momentum would suggest the pair to undergo short-term technical correction to trade higher before continuing its bearish bias.
Resistance level: 107.40, 108.50
Support level: 106.50, 105.60