GCMAsia - USDJPY
USDJPY
2017-08-28
| Resistance and Support | Level | Explanation |
| Resistance | 109.40 | Daily |
| Support | 108.80 | Daily |
USDJPY, Daily: USDJPY remains under pressure after both MA lines continues to expand downwards after the formation of death cross. A retracement from the resistance level of 109.40 would suggest USDJPY to extend its losses towards the strong support level near 108.80.
Resistance level: 109.40, 110.10
Support level: 108.80, 108.10