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230518 USDJPY

by | May 23, 2018 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2018-05-23
Resistance and Support Level Explanation
Resistance 111.00 H4
Support 110.40 H4

USDJPY, H4: USDJPY was traded lower after breaking support level at 111.00. MACD signal line that portrays continuous downside momentum would suggest the pair to extend its losses towards the support level at 110.40.

Resistance level: 111.00, 111.40

Support level: 110.40, 110.00