The USDJPY pair is trading just below the 108.95 key resistance level. In order for the upward movement to continue, it needs to break out and stay above 108.95 on four hourly basis. Should this occur, we will see the next resistance level at 109.57. Otherwise, the daily support level can be seen at 108.49.
Support : 108.49 -107.70 - 106.72
Resistance : 108.95 - 109.57 - 110.35
10 Jul 19 (Wed)
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