GCMAsia - USDJPY
USDJPY
2018-03-05
| Resistance and Support | Level | Explanation |
| Resistance | 105.95 | Daily |
| Support | 105.45 | Daily |
USDJPY, Daily: USDJPY remained in a bearish trend following prior retracement from the 20-MA line (red). MACD histogram begins to form an imminent downward signal suggests further bearish bias. Thus, a close below the minor support at 105.45 is required to gain further validation.
Resistance level: 105.95, 108.40
Support level: 105.45, 103.35