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130519 USDJPY

by | May 13, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-05-13

USDJPY, H4: USDJPY was traded lower following prior retrace from the 20-MA line (red). MACD which illustrate diminished upward momentum suggests the pair to be traded lower, towards the direction of 109.40.

 

Resistance level: 110.10, 110.55

Support level: 109.40, 108.70