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220519 USDJPY

by | May 22, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-05-22

USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance of 110.55. MACD which begins to illustrate diminishing upward momentum suggests the pair to be traded lower in short-term as technical correction.

 

Resistance level: 110.55, 111.00

Support level: 110.10, 109.80