GCMAsia - USDJPY
USDJPY
2018-06-27
| Resistance and Support | Level | Explanation |
| Resistance | 110.25 | H1 |
| Support | 109.80 | H1 |
USDJPY, H1: USDJPY was traded lower following prior retracement near the region of 110.25. MACD histogram which illustrate diminishing upward momentum suggests the pair to be traded lower in short-term while overall trending still subject to the formation of descending channel.
Resistance level: 110.25, 110.55
Support level: 109.80, 109.50