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050419 USDJPY-Noon

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

GCMAsia - USDJPY
USDJPY
USDJPY
2019-04-05

USDJPY, H4: USDJPY was traded higher following prior breakout above the previous resistance level at 111.40. MACD which display bullish momentum and the formation of golden cross suggest the pair to extend its gains toward the resistance level at 112.00.

 

Resistance level: 112.00, 112.35

Support level: 111.40, 110.85