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GCMAsia - USDJPY
USDJPY
USDJPY
2018-06-14
Resistance and Support Level Explanation
Resistance 110.55 H1
Support 110.00 H1

USDJPY, H1: USDJPY remains traded within an ascending channel while recently rebounded from the target of 110.00. MACD histogram which illustrate diminishing downward momentum may suggest the pair to extend its gains after closing above the 60-MA line (green).

 

Resistance level: 110.55, 111.00

Support level: 110.00, 109.40