GCMAsia - USDJPY

USDJPY
2017-05-08
| Resistance and Support | Level | Explanation |
| Resistance | 113.40 | Daily |
| Support | 112.15 | Daily |

USDJPY, Daily: USDJPY has recently breakout from the top level of downward channel, signaling a change in trend direction to move further upwards. A closure above the resistance level of 113.40 would suggest USDJPY to extend its upward momentum.
Resistance level: 113.40, 114.60
Support level: 112.15, 110.60