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020118 USDJPY

by | Jan 2, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-01-02
Resistance and Support Level Explanation
Resistance 109.75 H4
Support 109.30 H4

USDJPY, H4: USDJPY was traded lower while currently testing near the support level 109.30. MACD which illustrate ongoing bearish momentum suggest the pair to extend its losses after a breakout below the support level.

 

Resistance level: 109.75, 110.20

Support level: 109.30, 108.75