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GCMAsia - USDJPY
USDJPY
USDJPY
2018-04-02
Resistance and Support Level Explanation
Resistance 108.40 Daily
Support 105.95 Daily

USDJPY, Daily: USDJPY remains traded within a descending channel following prior retracement from the top level. MACD histogram which illustrate diminished upward momentum may suggest the pair to extend its losses in short-term after breaking the support level at 105.95.

 

Resistance level: 108.40, 109.70

Support level: 105.95, 105.45