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GCMAsia - USDJPY
USDJPY
USDJPY
2017-06-06
Resistance and Support Level Explanation
Resistance 110.50 H4
Support 109.45 H4

USDJPY, H4: USDJPY extended its losses following prior closure below the strong support level of 110.50. As both MA lines continue to expand downwards, USDJPY is expected to move further down towards the target of support level at 109.45.

 

Resistance level: 110.50, 111.25

Support level: 109.45, 108.70