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GCMAsia - USDJPY
USDJPY
USDJPY
2017-10-02
Resistance and Support Level Explanation
Resistance 112.85 Daily
Support 111.65 Daily

USDJPY, Daily: USDJPY advance further upwards following previous rebound from the strong support level near 111.65. Both MA lines which continues to expand upwards suggests the pair to extend its upward momentum after closing above the resistance level of 112.85.

 

Resistance level: 112.85, 114.35

Support level: 111.65, 110.85