GCMAsia - USDJPY
USDJPY
2017-09-07
| Resistance and Support | Level | Explanation |
| Resistance | 109.70 | H4 |
| Support | 109.00 | H4 |
USDJPY, H4: USDJPY remains traded within a downward channel while recently retraced from the 20-MA line (red). Both lines which has formed a death cross formation suggests further downside bias to extend its losses after closing below the support level of 109.00.
Resistance level: 109.70, 110.65
Support level: 109.00, 108.25