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GCMAsia - USDJPY
USDJPY
USDJPY
2018-05-30
Resistance and Support Level Explanation
Resistance 108.85 H4
Support 108.30 H4

USDJPY, H4: USDJPY extended its losses following prior closure below the strong support level at 108.85. MACD histogram which illustrate persistent downward signal suggests the pair to extend its losses after breaking the support level near 108.30.

 

Resistance level: 108.85, 109.40

Support level: 108.30, 107.50