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161220 USDJPY

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

GCMAsia-USDJPY
USDJPY
USDJPY
2020-12-16

USDJPY, H4: USDJPY remain traded in a sideway channel while currently testing the support level 10.65. However, MACD which illustrate bearish momentum signal suggest the pair to be traded lower after it breaks below the support level.

 

Resistance level: 104.50, 105.15

Support level: 103.65, 103.20