GCMAsia - USDJPY
USDJPY
2017-10-18
| Resistance and Support | Level | Explanation |
| Resistance | 112.35 | H1 |
| Support | 112.00 | H1 |
USDJPY, H1: USDJPY was traded lower prior its failure to break above resistance level at 112.35 and resistance by 200-MA line. Arrangement of bearish candlesticks and formation of negative divergence as shown by MACD histogram suggest the pair to extend its losses toward support level at 112.00.
Resistance level: 112.35, 112.70
Support level: 112.00, 111.65