GCMAsia - USDJPY

USDJPY
2019-04-25

USDJPY, H4: USDJPY remain traded in a sideway channel following recent retracement from the resistance level 112.10. Due to lack of momentum and signal, it is suggested to wait until further clear signal appear such as breakout above the resistance level 112.10 or below the support level 111.80 before entering the market.
Resistance level: 112.10, 112.70
Support level: 111.80, 111.30