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050919 USDJPY-Noon

by | Sep 5, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-09-05

USDJPY, H4: USDJPY remain traded in a sideway channel while currently testing near the resistance level 106.75. However, MACD which illustrate bullish bias signal with the formation of golden cross suggest the pair to be traded higher after it breaks above the resistance level.

 

Resistance level: 106.75, 107.75

Support level: 105.15, 103.60