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GCMAsia - USDJPY
USDJPY
USDJPY
2017-06-09
Resistance and Support Level Explanation
Resistance 110.40 H1
Support 110.10 H1

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