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GCMAsia - USDJPY
USDJPY
USDJPY
2018-07-23
Resistance and Support Level Explanation
Resistance 112.10 Daily
Support 111.00 Daily

USDJPY, Daily: USDJPY plunged sharply following prior failure to break the resistance level at 113.30. MACD histogram which has formed a bearish signal suggests the pair to extend its losses after successfully breaking the ascending trendline and support near 111.00.

 

Resistance level: 112.10, 113.30

Support level: 111.00, 110.50