GCMAsia - USDJPY

USDJPY
2018-10-11
| Resistance and Support | Level | Explanation |
| Resistance | 112.70 | H4 |
| Support | 112.15 | H4 |

USDJPY, H4: USDJPY was traded lower following prior retrace from the downward trendline. MACD which has formed a bearish signal suggests the pair to extend its losses after breaking the support level of 112.15.
Resistance level: 112.70, 113.05
Support level: 112.15, 111.60