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GCMAsia - USDJPY
USDJPY
USDJPY
2018-04-11
Resistance and Support Level Explanation
Resistance 107.50 H1
Support 107.00 H1

USDJPY, H1: USDJPY was traded lower prior retracement from trend line of ascending channel. Death-cross as displayed by MACD signal line would indicate the pair to advance its losses towards the support level at 107.00.

Resistance level: 107.50, 107.90

Support level: 107.00, 106.70