|Resistance and Support||Level||Explanation|
USDJPY, Daily: USDJPY remained traded within a narrowing triangle while currently testing at the resistance level of 111.80. MACD histogram illustrates increasing upward momentum while both MA lines begins to curve upwards suggests USDJPY to extend its upward momentum after breaking the resistance level of 111.80.
Resistance level: 111.80, 112.70
Support level: 110.95, 109.85