GCMAsia - USDJPY
USDJPY
2019-01-16
| Resistance and Support | Level | Explanation |
| Resistance | 108.70 | H1 |
| Support | 108.40 | H1 |
USDJPY, H1: USDJPY was traded lower following prior retracement from the resistance level at 108.70. MACD which illustrate death cross signal suggests the pair to extend its losses after closing below 108.40.
Resistance level: 108.70, 109.00
Support level: 108.40, 108.05