GCMAsia - USDJPY

USDJPY
2017-10-24
| Resistance and Support | Level | Explanation |
| Resistance | 113.55 | H4 |
| Support | 113.15 | H4 |

USDJPY, H4: USDJPY was traded lower after breaking support level at 113.55. Formation of negative divergence as shown by MACD histogram suggests the pair to extend losses toward the next support level at 113.15.
Resistance level: 113.55, 114.30
Support level: 113.15, 113.00