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131119 USDJPY-Noon

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

GCMAsia - USDJPY
USDJPY
USDJPY
2019-11-13

USDJPY, H4: USDJPY remain traded in a sideway channel following recent rebound from the support level 108.85. However, MACD which illustrate diminishing bearish momentum suggest the pair to extend its rebound in short term towards the resistance level 109.40.

 

Resistance level: 109.40, 109.90

Support level: 108.85, 108.25