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GCMAsia - USDJPY
USDJPY
USDJPY
2019-06-19

USDJPY, H4: USDJPY remains traded in a narrowing triangle while currently testing near the bottom-level of the triangle. MACD which illustrate bearish bias signal suggest the pair to extend its losses after breaking below the bottom level of the triangle.

 

Resistance level: 108.45, 109.15
Support level: 107.85, 107.40