GCMAsia - USDJPY
USDJPY
2018-03-12
| Resistance and Support | Level | Explanation |
| Resistance | 108.40 | Daily |
| Support | 105.95 | Daily |
USDJPY, Daily: USDJPY halts its bearish descend following prior breakout from the downward trend line. Recent closure above the 20-MA line (red) while coupled with upward signal from the MACD histogram suggests the pair to extend its gains, towards the direction of 108.40.
Resistance level: 108.40, 109.70
Support level: 105.95, 105.45