GCMAsia - USDJPY

USDJPY
2018-10-18
| Resistance and Support | Level | Explanation |
| Resistance | 112.70 | H4 |
| Support | 112.40 | H4 |

USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance level at 112.70. MACD which illustrate starting bearish momentum and formation of death cross suggest the pair to be traded lower toward its support level at 112.40.
Resistance level: 112.70, 113.00
Support level: 112.40, 112.05