GCMAsia - USDJPY

USDJPY
2018-10-17
| Resistance and Support | Level | Explanation |
| Resistance | 112.50 | H1 |
| Support | 111.90 | H1 |

USDJPY, H1: USDJPY was traded lower following prior retracement from the resistance level 112.50. MACD which illustrate bearish signal and the formation of a death cross suggest the pair to extend its losses towards the support level 111.90.
Resistance level: 112.50, 112.85
Support level: 111.90, 111.35