GCMAsia - USDJPY
USDJPY
2018-07-31
| Resistance and Support | Level | Explanation |
| Resistance | 111.00 | H1 |
| Support | 110.70 | H1 |
USDJPY, H1: USDJPY was traded lower following recent breakout from the bottom level of narrowing triangle. MACD which begins to form a bearish signal suggests the pair to extend its losses, towards the direction of support level near 110.70.
Resistance level: 111.00, 111.25
Support level: 110.70, 110.50