GCMAsia - USDJPY
USDJPY
2018-05-07
| Resistance and Support | Level | Explanation |
| Resistance | 109.70 | Daily |
| Support | 108.40 | Daily |
USDJPY, Daily: USDJPY was traded lower following prior retrace from the threshold of 109.70. MACD histogram which begins to form a death cross signal suggests the pair to extend its losses in short-term, towards the direction of 20-MA line (red) near 108.40.
Resistance level: 109.70, 111.65
Support level: 108.40, 106.90