GCMAsia - USDJPY
USDJPY
2018-10-12
| Resistance and Support | Level | Explanation |
| Resistance | 112.15 | H4 |
| Support | 111.60 | H4 |
USDJPY, H4: USDJPY was traded lower following prior retrace from the downward trendline. However, MACD which illustrate diminishing downward momentum suggests the pair to be traded higher in short-term as technical correction.
Resistance level: 112.15, 112.70
Support level: 111.60, 110.80