GCMAsia - USDJPY

USDJPY
2017-09-05
| Resistance and Support | Level | Explanation |
| Resistance | 109.45 | H1 |
| Support | 109.15 | H1 |

USDJPY, H1: USDJPY remained traded within a downward channel following previous retracement from the upper level. MACD histogram which begins to form a downward signal suggests USDJPY to extend its losses towards the next target at 109.15.
Resistance level: 109.45, 109.75
Support level: 109.15, 108.75