GCMAsia - 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