GCMAsia - USDJPY
USDJPY
2017-06-05
| Resistance and Support | Level | Explanation |
| Resistance | 111.70 | Daily |
| Support | 110.25 | Daily |
USDJPY, Daily: USDJPY was traded lower following prior retracement from the resistance level of 111.70. Referring to MACD histogram which illustrates significant downward signal and momentum, a closure below the strong support level of 110.25 would suggest USDJPY to move further downwards.
Resistance level: 111.70, 113.00
Support level: 110.25, 108.50