GCMAsia - USDJPY
USDJPY
2018-06-18
| Resistance and Support | Level | Explanation |
| Resistance | 111.35 | Daily |
| Support | 110.50 | Daily |
USDJPY, Daily: USDJPY was traded lower following prior retracement while currently testing near the support level at 110.50. Such retracement suggests the pair to be traded lower in short-term as technical correction before extending its bullish bias based on the current upward trendline and bullish signal from MACD histogram.
Resistance level: 111.35, 112.10
Support level: 110.50, 109.35