GCMAsia - USDJPY

USDJPY
2019-01-25
Resistance and Support | Level | Explanation |
Resistance | 109.90 | H1 |
Support | 109.35 | H1 |
USDJPY, H1: USDJPY remains traded within a sideways channel following prior rebound from the lower level. Due to the lack of signal from both MACD and price action, it is suggested to wait for a breakout before entering the market.
Resistance level: 109.90, 110.25
Support level: 109.35, 108.95