GCMAsia - USDJPY

USDJPY
2018-07-09
| Resistance and Support | Level | Explanation |
| Resistance | 110.50 | Daily |
| Support | 109.35 | Daily |

USDJPY, Daily: USDJPY was traded in an ascending triangle formation while currently testing at the bottom level. Although Stochastic Oscillator begins to form a rebound signal, USDJPY requires a bullish closure above the trendline to further validate such bias.
Resistance level: 110.50, 111.00
Support level: 109.35, 108.25