GCMAsia - USDJPY

USDJPY
2018-10-23
| Resistance and Support | Level | Explanation |
| Resistance | 112.75 | H4 |
| Support | 112.40 | H4 |

USDJPY, H4: USDJPY was traded lower while currently testing near the support level 112.40. MACD which display bearish signal and the starting formation of death cross suggest the pair to extend its losses after a breakout below the support level.
Resistance level: 112.75, 113.20
Support level: 112.40, 111.90