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GCMAsia - USDJPY
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