GCMAsia - USDJPY

USDJPY
2017-08-03
| Resistance and Support | Level | Explanation |
| Resistance | 110.80 | H1 |
| Support | 110.45 | H1 |

USDJPY, H1: USDJPY was traded lower following prior retracement from the downward trend line. Recent closure below the 20-MA line (red) suggests further downside bias to advance towards the target of support level at 110.45.
Resistance level: 110.80, 111.05
Support level: 110.45, 110.20