GCMAsia - USDJPY

USDJPY
2018-04-04
| Resistance and Support | Level | Explanation |
| Resistance | 106.65 | H1 |
| Support | 106.10 | H1 |

USDJPY, H1: USDJPY was traded lower prior retracement from resistance level at 106.65. Death-cross as shown by MACD signal line would suggest the pair to undergo short-term technical correction to trade lower supposed closure of candlestick below the minor support at 106.40 is successful.
Resistance level: 106.65, 107.00
Support level: 106.10, 105.65