GCMAsia - USDJPY
USDJPY
2017-10-03
| Resistance and Support | Level | Explanation |
| Resistance | 113.20 | H1 |
| Support | 112.90 | H1 |
USDJPY, H1: USDJPY remains traded within an upward channel while currently testing at the top level near the strong resistance of 113.20. As the selling pressure from the top is relatively substantial, thus a retracement may suggest short-term downside bias for the pair to extend its losses towards the lower level of the channel.
Resistance level: 113.20, 113.45
Support level: 112.90, 112.65