GCMAsia - USDJPY
USDJPY
2018-09-26
| Resistance and Support | Level | Explanation |
| Resistance | 112.85 | H4 |
| Support | 112.50 | H4 |
USDJPY, H4: USDJPY was traded lower following prior breakout below the previous support level 112.85. MACD which display a bearish momentum and the starting formation of a death cross suggest the pair to extend its losses after breaking below the downward trendline.
Resistance level: 112.85, 113.20
Support level: 112.50, 112.20