GCMAsia - 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