GCMAsia - USDJPY
USDJPY
2017-04-04
| Resistance and Support | Level | Explanation |
| Resistance | 110.90 | H1 |
| Support | 110.55 | H1 |
USDJPY, H1: USDJPY was traded lower following the downward expansion of both MA lines after the formation of death cross. As the MACD histogram continues to illustrate moderate downward signal and momentum, a successful closure below the support level of 110.55 would suggest USDJPY to extend its current downtrend.
Resistance level: 110.90, 111.15
Support level: 110.55, 110.10