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GCMAsia - USDJPY
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

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