GCMAsia - USDJPY
USDJPY
2018-09-05
| Resistance and Support | Level | Explanation |
| Resistance | 111.60 | H1 |
| Support | 111.45 | H1 |
USDJPY, H1: USDJPY was traded lower following prior retracement from the resistance level 111.60. MACD which shows the starting of bearish momentum and the formation of a death cross suggest the pair to extend its retracement towards the support level 111.45.
Resistance level: 111.60, 111.70
Support level 111.45, 111.20