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041218 USDJPY

by | Dec 4, 2018 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2018-12-04
Resistance and Support Level Explanation
Resistance 113.70 H1
Support 113.30 H1

USDJPY, H1: USDJPY was traded lower following prior retracement from 113.70. MACD which begins to form a death cross signal suggests the pair to be traded lower in short-term after closing below the 20-MA line (red).

Resistance level: 113.70, 113.85

Support level: 113.30, 112.95