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GCMAsia - USDJPY
USDJPY
USDJPY
2018-03-26
Resistance and Support Level Explanation
Resistance 105.45 Daily
Support 103.35 Daily

USDJPY, Daily: USDJPY sheds its prior gains following a retrace from the 20-MA line (red). Both MA line and MACD histogram which portrays bearish bias suggests the pair to extend its losses towards the direction of support level at 103.35.

 

Resistance level: 105.45, 105.95

Support level: 103.35, 100.60