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051121 USDJPY-Noon

by | Nov 5, 2021 | USD/JPY | 0 comments

USDJPY, H4: USDJPY remain traded in a sideway channel. However, MACD which illustrate bearish bias signal suggest the pair to be traded lower in short term towards the support level 113.20.

 

Resistance level: 114.60, 115.85

Support level: 113.20, 112.00