GCMAsia - USDJPY

USDJPY
2019-01-14
| Resistance and Support | Level | Explanation |
| Resistance | 109.00 | H1 |
| Support | 108.40 | H1 |

USDJPY, H1: USDJPY was traded lower following prior retracement near its recent highs. MACD which illustrate the formation of death cross signal suggests the pair to extend its losses after closing below 108.40.
Resistance level: 109.00, 109.60
Support level: 108.40, 107.75