Only buy a clear breakout above 108.00 | 30 Desember 2019
30 Desember 2019, USD/JPY
Technical Observation:
USDJPY is currently consolidating in a downward manner. Following the bounce from th daily resistance level 109.12, I expect further momentum to the lower side and should break below te 50.0 % fib level. On its way to the lower side, the key levels to look for include 108.40,109.21,and 109.06 . Should the price break and closer below the last liken , then an acceleration even lower si expected but should not go beyond the daily low 108.42, on the lower side, the other key levels to look for include 108.91, and 108.72.
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