83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - USDJPY
USDJPY
USDJPY
2017-06-08
Resistance and Support Level Explanation
Resistance 110.35 H4
Support 109.60 H4

USDJPY, H4: USDJPY extended its technical correction following prior rebound from the support level of 109.10. With regards to MACD histogram which illustrates substantial upward signal, it is expected to move further up towards the target of resistance level at 110.35.

 

Resistance level: 110.35, 111.10

Support level: 109.60, 109.10