GCMAsia - USDJPY

USDJPY
2019-03-19

USDJPY, H4: USDJPY was traded lower following prior breakout below the upward channel bottom level. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 111.10.
Resistance level: 111.40, 112.00
Support level: 111.10, 110.60