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GCMAsia - USDJPY
USDJPY
USDJPY
2017-07-10
Resistance and Support Level Explanation
Resistance 114.75 Daily
Support 113.90 Daily

USDJPY, Daily: USDJPY has recently broke out from the top level of narrowing triangle, signaling a change in trend direction to move further upwards. Both MA line which continues to expand further up suggest USDJPY to advance towards the next target at 114.75.

 

Resistance level: 114.75, 115.50

Support level: 113.90, 112.70