GCMAsia - USDJPY

USDJPY
2017-08-11
| Resistance and Support | Level | Explanation |
| Resistance | 109.40 | Daily |
| Support | 108.80 | Daily |

USDJPY, Daily: USDJPY was traded lower following prior closure below the strong support level at 109.40. MACD histogram which illustrates ongoing negative divergence suggests USDJPY to advance further down towards the support level of 108.80.
Resistance level: 109.40, 110.10
Support level: 108.80, 108.10