GCMAsia - USDJPY
USDJPY
2019-01-07
| Resistance and Support | Level | Explanation |
| Resistance | 108.40 | H4 |
| Support | 106.75 | H4 |
USDJPY, H4: USDJPY was traded lower following prior retrace from the resistance level near 108.40. MACD which illustrate diminished upward momentum suggests the pair to extend its losses, in tandem with overall bearish trend.
Resistance level: 108.40, 109.60
Support level: 106.75, 106.00