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080518 USDJPY

by | May 8, 2018 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2018-05-08
Resistance and Support Level Explanation
Resistance 109.00 H4
Support 108.60 H4

USDJPY, H4: USDJPY was traded lower after breaking support level at 109.20. MACD signal line that shows a death-cross would suggest the pair to extend its losses if candlestick successfully closes below the support level at 109.00

Resistance level: 109.00, 109.20

Support level: 108.60, 108.00