GCMAsia - USDJPY

USDJPY
2018-04-10
| Resistance and Support | Level | Explanation |
| Resistance | 107.00 | H1 |
| Support | 106.60 | H1 |

USDJPY, H1: USDJPY was traded higher after rebound from support level at 106.60. MACD histogram that shows diminishing bearish momentum would suggest the pair to undergo short-term technical correction to trade higher towards the resistance by descending trend line.
Resistance level: 107.00, 107.50
Support level: 106.60, 106.40