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291018 USDJPY

by | Oct 29, 2018 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2018-10-29
Resistance and Support Level Explanation
Resistance 112.15 H1
Support 111.90 H1

USDJPY, H1: USDJPY was traded higher following prior closure above the 20-MA line (red). MACD which begins to form a golden cross signal suggests the pair to extend its gains, towards the direction of 112.15.

 

Resistance level: 112.15, 112.45

Support level: 111.90, 111.60