GCMAsia - USDJPY
USDJPY
2017-08-29
| Resistance and Support | Level | Explanation |
| Resistance | 108.90 | H4 |
| Support | 108.30 | H4 |
USDJPY, H4: USDJPY was traded lower following prior closure below the strong support level of 108.90. MACD histogram which begins to illustrate substantial negative divergence suggests USDJPY to move further down, towards the target of 108.30.
Resistance level: 108.90, 109.50
Support level: 108.30, 107.80