GCMAsia - USDJPY
USDJPY
2018-04-17
| Resistance and Support | Level | Explanation |
| Resistance | 107.50 | H4 |
| Support | 107.00 | H4 |
USDJPY, H4: USDJPY was traded lower prior retracement from resistance level at 107.50 and the pair is currently testing the support level at 107.00. MACD that shows increasing bearish momentum would suggest the pair to extend its losses if breakout at the said support level is successful.
Resistance level: 107.50, 107.90
Support level: 107.00, 106.70