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GCMAsia - USDJPY
USDJPY
USDJPY
2019-01-16
Resistance and Support Level Explanation
Resistance 108.55 H4
Support 107.85 H4

USDJPY, H4: USDJPY was traded lower following recent retracement from the resistance level 108.55. MACD which illustrate bearish bias suggest the pair to extend its retracement towards the support level 107.85

 

Resistance level: 108.55, 109.10

Support level: 107.85, 107.05