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170719 USDJPY

by | Jul 17, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-07-17

USDJPY, H4: USDJPY was traded higher following recent breakout above the previous resistance level 108.15. However, MACD which display diminishing bullish momentum suggest the pair to be traded lower as a technical correction in short term towards the current support level 108.15.

 

Resistance level: 108.60, 109.05
Support level: 108.15, 107.60