GCMAsia - USDJPY
USDJPY
2019-01-11
| Resistance and Support | Level | Explanation |
| Resistance | 108.40 | H1 |
| Support | 107.75 | H1 |
USDJPY, H1: USDJPY was traded lower following prior retracement from the downward trendline. MACD which begins to form a death cross signal suggests the pair to advance further downwards after a successful close below the 20-MA line (red).
Resistance level: 108.40, 109.60
Support level: 107.75, 106.75