GCMAsia - USDJPY
USDJPY
2018-05-22
| Resistance and Support | Level | Explanation |
| Resistance | 111.00 | H4 |
| Support | 110.55 | H4 |
USDJPY, H4: USDJPY was traded lower following prior retracement and closure below the threshold of 111.00. Recent formation of negative divergence signal from MACD histogram may suggest the pair to extend its losses after successfully closing below the 20-MA line (red).
Resistance level: 111.00, 111.65
Support level: 110.55, 109.90