GCMAsia - USDJPY

USDJPY
2019-01-10
| Resistance and Support | Level | Explanation |
| Resistance | 108.40 | H4 |
| Support | 106.75 | H4 |

USDJPY, H4: USDJPY was traded lower following prior retracement from the downward trendline. MACD which has formed a death cross signal suggests the pair to be traded lower in short-term, in tandem with overall bearish trend.
Resistance level: 108.40, 109.60
Support level: 106.75, 106.00