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050619 USDJPY

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

GCMAsia - USDJPY
USDJPY
USDJPY
2019-06-05

USDJPY, H4: USDJPY remained traded in a sideway channel following prior rebound from support level 107.85. However, due to lack of signal from the MACD, a breakout above the resistance level 108.45 or below the support level 107.85 is required for further confirmation before entering the market.

 

Resistance level: 108.45, 109.15

Support level: 107.85, 107.40