GCMAsia - USDJPY
USDJPY
2018-11-16
| Resistance and Support | Level | Explanation |
| Resistance | 113.70 | H1 |
| Support | 113.30 | H1 |
USDJPY, H1: USDJPY remains traded within a descending channel following prior rebound from the lower level. However, MACD which illustrate diminishing bullish momentum suggests the pair to be traded lower in short-term after closing below the 20-MA line (red).
Resistance level: 113.70, 113.85
Support level: 113.30, 112.95