GCMAsia - USDJPY

USDJPY
2018-06-11
| Resistance and Support | Level | Explanation |
| Resistance | 110.50 | Daily |
| Support | 109.35 | Daily |

USDJPY, Daily: USDJPY remains traded within a descending wedge following prior retracement from the top level. MACD histogram which begins to illustrate downward signal suggests the pair to extend its losses after breaking the support level of 109.35.
Resistance level: 110.50, 111.35
Support level: 109.35, 108.25