USDJPY begins to build a formation that could send prices higher.
USDJPY begins to build a formation that could send prices higher.
Intraday levels show support at 156.50, and if prices remain above it, the advance could sustain towards 157.75 and 158.85.
Below 156.50 the drop pressure could return for a further drop with supports at 155.50 and 154.35.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 156.50 | 157.75 |
| LEVEL2 | 155.50 | 158.85 |
| LEVEL3 | 154.35 | 160.00 |
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Technical Analysis: Gold - Monday, Jan. 5Orbex LIMITED is a fully licensed and Regulated Cyprus Investment Firm (CIF) governed and supervised by the Cyprus Securities and Exchange Commission (CySEC) (License Number 124/10). Orbex LIMITED is licensed to provide Investment Services (Reception & Transmission, Execution and Dealing on own account) and Ancillary Services.
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