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GCMAsia - USDJPY
USDJPY
USDJPY
2017-06-20
Resistance and Support Level Explanation
Resistance 111.80 Daily
Support 110.95 Daily

USDJPY, Daily: USDJPY remained traded within a narrowing triangle while currently testing at the resistance level of 111.80. MACD histogram illustrates increasing upward momentum while both MA lines begins to curve upwards suggests USDJPY to extend its upward momentum after breaking the resistance level of 111.80.

 

Resistance level: 111.80, 112.70

Support level: 110.95, 109.85

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