GCMAsia - USDJPY

USDJPY
2017-03-28
| Resistance and Support | Level | Explanation |
| Resistance | 110.80 | H1 |
| Support | 110.10 | H1 |

USDJPY, H1: USDJPY was traded lower following prior retrace form the resistance level of 110.80 while currently testing in between both moving average line. A successful closure below the 20-moving average line (red) would suggest USDJPY to advance further down, towards the target of support level at 110.10.
Resistance level: 110.80, 111.55
Support level: 110.10, 109.45