GCMAsia - 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