GCMAsia - USDJPY
USDJPY
2017-08-21
| Resistance and Support | Level | Explanation |
| Resistance | 109.40 | Daily |
| Support | 108.80 | Daily |
USDJPY, Daily: USDJPY were traded lower following prior retracement from the strong resistance level of 109.40. Both MA lines which continues to expand downwards suggests ongoing downside bias for USDJPY towards the target of support level at 108.80.
Resistance level: 109.40, 110.10
Support level: 108.80, 108.10