GCMAsia - USDJPY
USDJPY
2018-08-20
| Resistance and Support | Level | Explanation |
| Resistance | 110.95 | Daily |
| Support | 109.40 | Daily |
USDJPY, Daily: USDJPY was traded lower following recent breakout below the previous support level 110.95. Price action and MACD which illustrate persistent bearish momentum suggest the pair to extend its losses towards the support level 109.45.
Resistance level: 110.95, 112.05
Support level: 109.40, 108.30