GCMAsia - USDJPY
USDJPY
2018-06-07
| Resistance and Support | Level | Explanation |
| Resistance | 110.55 | H1 |
| Support | 110.00 | H1 |
USDJPY, H1: USDJPY remains traded within an ascending channel following recent retrace from the top level. MACD histogram which has formed a death cross signal suggests the pair to be traded lower in short-term in the event of a closure below the 20-MA line (red).
Resistance level: 110.55, 111.00
Support level: 110.00, 109.40