GCMAsia - USDJPY
USDJPY
2018-05-29
| Resistance and Support | Level | Explanation |
| Resistance | 109.40 | H1 |
| Support | 108.85 | H1 |
USDJPY, H1: USDJPY has recently broke out from the bottom level of ascending channel, signaling a change in trend direction to move further downwards. MACD histogram which has formed a death cross signal suggests the pair to extend its losses after breaking the support level at 108.85.
Resistance level: 109.40, 110.00
Support level: 108.85, 108.30