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100517 USDJPY

by | May 10, 2017 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2017-05-10
Resistance and Support Level Explanation
Resistance 114.00 H1
Support 113.60 H1

USDJPY, H1: USDJPY was traded lower following prior retracement from the recent high of 114.30. Referring to the MACD histogram which illustrates downward signal and momentum, USDJPY is expected to be traded lower towards the target of support level at 113.60.

 

Resistance level: 114.00, 114.30

Support level: 113.60, 113.15