GCMAsia - USDJPY
USDJPY
2017-09-21
| Resistance and Support | Level | Explanation |
| Resistance | 112.95 | Daily |
| Support | 111.65 | Daily |
USDJPY, Daily: USDJPY was traded higher prior its successful breakout above resistance by 200-MA line and resistance level at 111.65. Formation of long bullish candlestick and upward slope of MACD signal line suggests the pair to gain increasing momentum to trade higher, testing the next resistance level at 112.95.
Resistance level: 112.95, 114.30
Support level: 111.65, 110.00