GCMAsia - USDJPY
USDJPY
2018-03-15
| Resistance and Support | Level | Explanation |
| Resistance | 106.40 | H4 |
| Support | 105.90 | H4 |
USDJPY, H4: USDJPY was traded lower after breaking support level at 106.40. The pair is currently testing the next support level at 105.90. MACD histogram that portrays increasing bearish momentum would suggest the pair to extend its losses if closure of candlestick below the said support level is successful.
Resistance level: 106.40, 106.90
Support level: 105.90, 105.30