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161020 USDJPY

by | Oct 16, 2020 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2020-10-16

USDJPY, H4: USDJPY was traded higher following prior rebound from the support level 105.15. MACD which illustrate bullish momentum signal with the recent formation of golden cross suggest the pair to extend its rebound towards the resistance level 105.70.

 

Resistance level: 105.70, 106.10

Support level: 105.15, 104.50