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GCMAsia - USDJPY
USDJPY
USDJPY
2019-01-09
Resistance and Support Level Explanation
Resistance 109.60 H4
Support 108.40 H4

USDJPY, H4: USDJPY was traded higher while currently testing near the downward trendline. MACD which continues to illustrate bullish signal suggests the pair to extend its uptrend after successfully breaking the downward trendline.

Resistance level: 109.60, 110.20

Support level: 108.40, 106.75