GCMAsia - USDJPY

USDJPY
2018-04-03
| Resistance and Support | Level | Explanation |
| Resistance | 106.00 | H4 |
| Support | 105.40 | H4 |

USDJPY, H4: USDJPY was traded lower after breaking support level at 106.00. Arrangement of bearish candlesticks and MACD histogram that shows increasing bearish momentum would suggest the pair to extend its losses towards the support level at 105.40.
Resistance level: 106.00, 106.50
Support level: 105.40, 104.60