GCMAsia - USDJPY

USDJPY
2018-10-04
| Resistance and Support | Level | Explanation |
| Resistance | 114.55 | H1 |
| Support | 114.00 | H1 |

USDJPY, H1: USDJPY was traded lower following prior retracement from the resistance level 114.55. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its retracement towards the support level 114.00.
Resistance level: 114.55, 114.85
Support level: 114.00, 113.55