GCMAsia - USDJPY

USDJPY
2018-08-17
Resistance and Support | Level | Explanation |
Resistance | 111.10 | H1 |
Support | 110.75 | H1 |
USDJPY, H1: USDJPY was traded lower following prior retracement near the resistance level 111.10. Price action and MACD which display starting bearish signal suggest the pair to extend its losses towards the support level 110.75.
Resistance level: 111.10, 111.45
Support level: 110.75, 110.45