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310519 USDJPY-Noon

by | May 31, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-05-31

USDJPY, H4: USDJPY remain traded in a sideway channel while currently testing the support level 109.25. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its losses after it successfully breaks below the support level.

 

Resistance level: 109.75, 110.00

Support level: 109.25, 109.05