GCMAsia - USDJPY
USDJPY
2018-04-09
| Resistance and Support | Level | Explanation |
| Resistance | 108.40 | Daily |
| Support | 105.95 | Daily |
USDJPY, Daily: USDJPY has recently broke out from the top level of descending channel, signaling a change in trend direction to move further upwards. MACD histogram which illustrate substantial bullish signal suggests the pair to extend its gains after closing above the 60-MA line (green).
Resistance level: 108.40, 109.70
Support level: 105.95, 105.45