GCMAsia - USDJPY

USDJPY
2017-05-29
| Resistance and Support | Level | Explanation |
| Resistance | 112.15 | Daily |
| Support | 110.60 | Daily |

USDJPY, Daily: USDJPY remained traded within a narrowing triangle while currently testing near the bottom level of the triangle. Recent closure above the 60-moving average line (green) suggests USDJPY to be traded higher in short-term, towards the target of resistance level at 112.15.
Resistance level: 112.15, 113.40
Support level: 110.60, 108.10