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261018 USDJPY

by | Oct 26, 2018 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2018-10-26
Resistance and Support Level Explanation
Resistance 112.45 H1
Support 112.15 H1

USDJPY, H1: USDJPY remains traded within a descending channel while currently testing at the 60-MA line (green). MACD which has formed a death cross signal suggests the pair to extend its losses after closing below the 60-MA line.

 

Resistance level: 112.45, 112.70

Support level: 112.15, 111.90