GCMAsia - USDJPY

USDJPY
2018-06-29
| Resistance and Support | Level | Explanation |
| Resistance | 110.55 | H1 |
| Support | 110.25 | H1 |

USDJPY, H1: USDJPY extended gains following prior breakout from the top level of descending channel. However, recent retracement from the resistance of 110.55 may suggest the pair to be traded lower in short-term as technical correction before extending its bullish bias.
Resistance level: 110.55, 110.90
Support level: 110.25, 109.80