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051120 USDJPY

by | Nov 5, 2020 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2020-11-05

USDJPY, H4: USDJPY remain traded in a sideway channel while testing near the support level 104.25. However, MACD which illustrate bearish momentum signal suggest the pair to be traded lower after it breaks below the support level.

 

Resistance level: 105.10, 105.80

Support level: 104.25, 103.65