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281118 USDJPY

by | Nov 28, 2018 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2018-11-28
Resistance and Support Level Explanation
Resistance 113.85 H1
Support 113.70 H1

USDJPY, H1: USDJPY was traded lower following prior retracement from the higher levels. MACD which begins to form a negative divergence signal suggests the pair to extend its losses after successfully closing below 113.70.

 

Resistance level: 113.85, 114.20

Support level: 113.70, 113.30