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161219 USDJPY

by | Dec 16, 2019 | USD/JPY | 0 comments

GCMAsia-USDJPY
USDJPY
USDJPY
2019-12-16

USDJPY, H4: USDJPY was traded higher while currently testing the resistance level at 109.40. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.

 

Resistance level: 109.40, 109.70

Support level: 109.00, 108.60