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
2018-06-01
Resistance and Support Level Explanation
Resistance 108.85 H4
Support 108.30 H4

USDJPY, H4: USDJPY was traded higher after receiving some support from the threshold at 108.30. MACD histogram which illustrate persistent upward signal suggest the pair to extend its gains after breaking the resistance level at 108.85.

 

Resistance level: 108.85, 109.40

Support level: 108.30, 107.50