GCMAsia - USDJPY

USDJPY
2017-08-07
| Resistance and Support | Level | Explanation |
| Resistance | 110.85 | Daily |
| Support | 110.10 | Daily |

USDJPY, Daily: USDJPY remains under pressure following prior formation of death cross by both MA lines. A retracement from the strong resistance level of 110.85 would suggests USDJPY to extend its losses towards the next target at 110.10.
Resistance level: 110.85, 111.85, 114.30
Support level: 110.10, 109.40