GCMAsia - USDJPY

USDJPY
2018-03-13
| Resistance and Support | Level | Explanation |
| Resistance | 106.80 | H4 |
| Support | 106.00 | H4 |

USDJPY, H4: USDJPY was traded lower prior its failure to break resistance level at 106.80. Arrangement of bearish candlesticks and death-cross as displayed by MACD signal line would suggest the pair to extend its losses towards the support level at 106.00.
Resistance level: 106.80, 107.80
Support level: 106.00, 105.30