GCMAsia - USDJPY
USDJPY
2017-09-11
| Resistance and Support | Level | Explanation |
| Resistance | 109.40 | Daily |
| Support | 108.20 | Daily |
USDJPY, Daily: USDJPY was traded higher following prior rebound near the support level of 107.75. Recent price action suggests USDJPY to be traded higher in short-term as technical correction. Otherwise, long-term trend direction skew towards the downside bias as both MA lines continues to expand downwards.
Resistance level: 109.40, 110.50
Support level: 108.20, 107.15