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260618 USDJPY

by | Jun 26, 2018 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2018-06-26
Resistance and Support Level Explanation
Resistance 109.80 H1
Support 109.50 H1

USDJPY, H1: USDJPY remains traded within a descending channel while currently testing at the lower level. MACD histogram which illustrate diminished upward momentum may suggest the pair to extend its losses after closing below the support level of 109.50.

 

Resistance level: 109.80, 110.25

Support level: 109.50, 109.20