GCMAsia - USDJPY
USDJPY
2017-09-06
| Resistance and Support | Level | Explanation |
| Resistance | 109.00 | H4 |
| Support | 108.25 | H4 |
USDJPY, H4: USDJPY was traded within a downward channel while recently closed below the psychological level of 109.00. Both MA lines which continues to narrow downwards suggests USDJPY to extend its losses towards the target of support level at 108.25.
Resistance level: 109.00, 109.70
Support level: 108.25, 107.50