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GCMAsia - USDJPY
USDJPY
USDJPY
2017-05-16
Resistance and Support Level Explanation
Resistance 113.60 H1
Support 113.35 H1

USDJPY, H1: USDJPY continues to trade within a downward channel following prior retracement from the top level of the channel. A closure below the support level of 113.35 would suggest USDJPY to advance further down, towards the lower level of the channel.

 

Resistance level: 113.60, 113.90

Support level: 113.35, 113.15