GCMAsia - USDJPY

USDJPY
2018-07-25
| Resistance and Support | Level | Explanation |
| Resistance | 111.95 | H1 |
| Support | 111.25 | H1 |

USDJPY, H1: USDJPY remains traded within a narrowing triangle while currently testing near the upper level. Although MACD has formed a bullish crossover which suggests upside signal, a break above the narrowing triangle is required to obtain further clarification.
Resistance level: 111.95, 112.20
Support level: 111.25, 110.70