GCMAsia - USDJPY

USDJPY
2017-05-03
| Resistance and Support | Level | Explanation |
| Resistance | 112.15 | Daily |
| Support | 110.60 | Daily |

USDJPY, Daily: USDJPY remains traded within a downward channel while recently closed above the 60-moving average line (green). A successful closure above the strong resistance level of 112.15 would suggest USDJPY to test near the top level of the channel thereafter.
Resistance level: 112.15, 113.40
Support level: 110.60, 108.10