GCMAsia - USDJPY
USDJPY
2017-09-08
| Resistance and Support | Level | Explanation |
| Resistance | 109.00 | H4 |
| Support | 108.25 | H4 |
USDJPY, H4: USDJPY remains traded within a downward channel while currently testing at the bottom level. MACD histogram which illustrate negative divergence suggests possibility to occur a breakout at this level and signal a change in trend direction to move further downwards.
Resistance level: 109.00, 109.70
Support level: 108.25, 107.50