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100820 USDJPY

by | Aug 10, 2020 | USD/JPY | 0 comments

GCMAsia-USDJPY
USDJPY
USDJPY
2020-08-10

USDJPY, H4: USDJPY remain traded in a sideway channel while currently testing near the resistance level 106.05. However, MACD which display bullish bias signal suggest the pair to be traded higher after it breaks above the resistance level 106.05.

 

Resistance level: 106.05, 106.70

Support level: 105.25, 104.35