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GCMAsia - USDJPY
USDJPY
USDJPY
2017-08-01
Resistance and Support Level Explanation
Resistance 110.85 Daily
Support 110.10 Daily

USDJPY, Daily: USDJPY has recently broke out from the bottom level of ascending triangle, signaling a change in trend direction to advance further downwards. A successful closure below the support level of 110.10 would suggest USDJPY to advance towards the next target at 109.40.

 

Resistance level: 110.85, 111.85, 114.30

Support level: 110.10, 109.40, 108.55