GCMAsia - USDJPY
USDJPY
2017-05-23
| Resistance and Support | Level | Explanation |
| Resistance | 111.55 | H1 |
| Support | 111.00 | H1 |
USDJPY, H1: USDJPY remains traded within a small downward channel following prior rebound from the bottom level of the channel. A closure above the 20-moving average line (red) would suggest USDJPY to be traded higher in short-term, towards the upper level of the channel.
Resistance level: 111.55, 112.00
Support level: 111.00, 110.50