GCMAsia - USDJPY

USDJPY
2018-10-15
| Resistance and Support | Level | Explanation |
| Resistance | 112.15 | H1 |
| Support | 111.90 | H1 |

USDJPY, H1: USDJPY was traded lower following prior retracement from 20-MA line (red). MACD which begins to form a death cross signal suggests the pair to extend its losses after closing below the threshold of 111.90.
Resistance level: 112.15, 112.70
Support level: 111.90, 111.60