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GCMAsia - USDJPY
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