GCMAsia - USDJPY

USDJPY
2018-06-06
| Resistance and Support | Level | Explanation |
| Resistance | 110.00 | H1 |
| Support | 109.40 | H1 |

USDJPY, H1: USDJPY remains traded within an ascending channel while currently testing at the mid-level. Both MACD histogram and Stochastic Oscillator which illustrate downward signal may suggests the pair to be traded lower in short-term after closing below the 20-MA line (red).
Resistance level: 110.00, 111.55
Support level: 109.40, 108.85