GCMAsia - USDJPY

USDJPY
2018-08-09
| Resistance and Support | Level | Explanation |
| Resistance | 111.00 | H1 |
| Support | 110.73 | H1 |

USDJPY, H1: USDJPY was traded lower while currently testing the support level 110.75.Price action and MACD which indicate diminished bearish momentum suggest the pair may experience a short term technical correction towards the resistance level 111.00.
Resistance level: 111.00, 111.25
Support level: 110.73, 110.36