GCMAsia -USDJPY

USDJPY
2017-09-22
| Resistance and Support | Level | Explanation |
| Resistance | 112.70 | H1 |
| Support | 111.45 | H1 |

USDJPY, H1: USDJPY was traded lower prior its retracement from resistance level at 112.70. Formation of negative divergence as shown by MACD histogram suggests the pair to further its losses toward the support level at 111.45.
Resistance level: 112.70, 112.90
Support level: 111.45, 110.70