GCMAsia - USDJPY

USDJPY
2018-02-26
| Resistance and Support | Level | Explanation |
| Resistance | 108.40 | Daily |
| Support | 105.95 | Daily |

USDJPY, Daily: USDJPY remained under pressure following prior retracement before the 20-MA line (red). Both lines which continues to expand downwards suggests further bearish bias for the pair to extend its losses towards the direction at 105.95.
Resistance level: 108.40, 109.70
Support level: 105.95, 103.35