GCMAsia - USDJPY

USDJPY
2018-12-03
| Resistance and Support | Level | Explanation |
| Resistance | 113.75 | H4 |
| Support | 113.20 | H4 |

USDJPY, H4: USDJPY was traded lower in the sideway channel following prior retracement from the resistance level at 113.75. However, MACD which illustrate diminishing bearish momentum suggest the pair to be traded higher in short term toward the resistance level at 113.75.
Resistance level: 113.75, 114.00
Support level: 113.20, 112.45