GCMAsia - USDJPY
|Resistance and Support||Level||Explanation|
USDJPY, Daily: USDJPY remained traded within a narrowing triangle following prior rebound from the support level of 109.40. A closure above the 60-moving average line (green) would suggest USDJPY to extend its upward momentum towards the target of 112.15.
Resistance level: 112.15, 113.40
Support level: 110.60, 109.40