GCMAsia - USDJPY
USDJPY
2017-06-23
| Resistance and Support | Level | Explanation |
| Resistance | 111.45 | H1 |
| Support | 111.10 | H1 |
USDJPY, H1: USDJPY remains traded within a downward channel while currently testing at the top level. Both moving average line which continues to narrow upwards suggests higher possibility for a breakout to occur from the top level and signal a change in trend direction to move further upwards thereafter.
Resistance level: 111.45, 111.75
Support level: 111.10, 110.80