GCMAsia - USDJPY

USDJPY
2017-06-22
Resistance and Support | Level | Explanation |
Resistance | 111.60 | H4 |
Support | 110.90 | H4 |
USDJPY, H4: USDJPY was traded lower following prior retracement from the strong resistance level of 111.60 while recently closing below the 20-moving average line (red). USDJPY is expected to extend its losses after successfully breaking the support level of 110.90.
Resistance level: 111.60, 112.10
Support level: 110.90, 110.30