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GCMAsia - USDJPY
USDJPY
USDJPY
2017-08-09
Resistance and Support Level Explanation
Resistance 110.10 Daily
Support 109.40 Daily

USDJPY, Daily: USDJPY was traded lower following prior retracement from the resistance level of 110.85. Recent closure below the support level of 110.10 suggest further downside bias to extend its losses towards the next target at 109.40.

 

Resistance level: 110.10, 110.85

Support level: 109.40, 108.80