GCMAsia - USDJPY

USDJPY
2018-09-27
| Resistance and Support | Level | Explanation |
| Resistance | 112.85 | H1 |
| Support | 112.50 | H1 |

USDJPY, H1: USDJPY was traded lower following prior retracement from the resistance 112.85. Recent price action and MACD which illustrate persistent bearish momentum suggest the pair to extend its losses towards the support level 112.50.
Resistance level: 112.85, 113.10
Support level: 112.50, 112.20