GCMAsia - USDJPY

USDJPY
2018-09-10
| Resistance and Support | Level | Explanation |
| Resistance | 111.85 | Daily |
| Support | 110.25 | Daily |

USDJPY, Daily: USDJPY was traded lower following prior retracement from the resistance level 111.85. Recent price action and MACD which display a bearish momentum and the formation of a death cross suggest the pair to extend its retracement towards the support level 110.25.
Resistance level: 111.85, 113.15
Support level: 110.25, 108.30