GCMAsia - USDJPY

USDJPY
2018-03-30
| Resistance and Support | Level | Explanation |
| Resistance | 106.80 | H4 |
| Support | 106.00 | H4 |

USDJPY, H4: USDJPY was traded lower prior breaking support level at 106.80. Death-cross as portrayed by MACD signal line would suggest the pair to extend its losses towards the next support level at 106.00 if the pair successfully closes its candlestick below the 200-MA line.
Resistance level: 106.80, 107.50
Support level: 106.00, 105.40