GCMAsia - USDJPY

USDJPY
2018-10-02
| Resistance and Support | Level | Explanation |
| Resistance | 114.15 | H4 |
| Support | 113.55 | H4 |

USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance level 114.15. MACD which display bearish bias and the formation of a death cross suggest the pair to extend its retracement towards the support level 113.55.
Resistance level: 114.15, 114.70
Support level: 113.55, 113.00