GCMAsia - USDJPY

USDJPY
2018-10-25
| Resistance and Support | Level | Explanation |
| Resistance | 112.15 | H4 |
| Support | 111.90 | H4 |

USDJPY, H4: USDJPY was traded lower following prior breakout from the bottom level of ascending channel. MACD which begins to form a death cross signal suggests the pair to extend its losses after closing below the level of 111.90.
Resistance level: 112.15, 112.45
Support level: 111.90, 111.60