GCMAsia - USDJPY

USDJPY
2018-03-07
| Resistance and Support | Level | Explanation |
| Resistance | 106.70 | H4 |
| Support | 105.20 | H4 |

USDJPY, H4: USDJPY was traded higher prior rebound from support level at 105.20. However, MACD histogram that portrays diminishing bullish momentum would suggest the pair to extend its losses towards the previous low.
Resistance level: 106.70, 107.80
Support level: 105.20, 103.60