GCMAsia - USDJPY

USDJPY
2018-07-05
| Resistance and Support | Level | Explanation |
| Resistance | 110.70 | H1 |
| Support | 110.20 | H1 |

USDJPY, H1: USDJPY was traded lower following prior retrace from the 60-MA line (green). MACD histogram which illustrate diminishing upward momentum suggest the pair to extend its losses in short-term towards 110.20.
Resistance level: 110.70, 111.00
Support level: 110.20, 109.85