GCMAsia - USDJPY

USDJPY
2017-08-17
| Resistance and Support | Level | Explanation |
| Resistance | 110.10 | H4 |
| Support | 109.40 | H4 |

USDJPY, H4: USDJPY pared its prior gains following a retrace from the strong resistance level of 110.90. MACD histogram which begins to form negative divergence signal suggest USDJPY to extend its losses towards the support level of 109.40.
Resistance level: 110.10, 110.90
Support level: 109.40, 108.70