GCMAsia - USDJPY
USDJPY
2018-06-22
| Resistance and Support | Level | Explanation |
| Resistance | 110.10 | H1 |
| Support | 109.80 | H1 |
USDJPY, H1: USDJPY was traded lower following prior breakout from the upward trendline. However, MACD histogram which illustrate diminishing downward momentum may suggest the pair to be traded higher in short-term as technical correction before extending its bearish bias.
Resistance level: 110.10, 110.25
Support level: 109.80, 109.50