GCMAsia - USDJPY
USDJPY
2018-09-14
| Resistance and Support | Level | Explanation |
| Resistance | 111.95 | H1 |
| Support | 111.65 | H1 |
USDJPY, H1: USDJPY was traded lower following prior breakout below the previous support level 111.95. Recent price movement and MACD which illustrate a bearish momentum and the formation of a death cross suggest the pair to extend its losses towards the support level 111.65.
Resistance level: 111.95, 112.20
Support level: 111.65, 111.25