GCMAsia - USDJPY
|Resistance and Support||Level||Explanation|
USDJPY, H1: USDJPY remains traded within an upward channel following prior rebound from the bottom level. Recent closure above the 20-moving average line (red) suggests USDJPY to advance further up towards the target of 110.40 in short-term.
Resistance level: 110.40, 110.70
Support level: 110.10, 109.70