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GCMAsia - USDJPY
USDJPY
USDJPY
2018-09-24
Resistance and Support Level Explanation
Resistance 112.50 H4
Support 112.20 H4

USDJPY, H4: USDJPY was recently traded lower following prior breakout below the support level 112.50. MACD which illustrate bearish momentum and the formation of a death cross suggest the pair to extend its losses towards the support level 112.20.

 

Resistance level: 112.50, 113.10

Support level: 112.20, 111.95