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.

010621 USDJPY-Noon

by | Jun 1, 2021 | USD/JPY | 0 comments

GCMAsia-USDJPY
USDJPY
USDJPY
2021-06-01

USDJPY, H4: USDJPY was traded lower following recent retracement from its high level. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its losses towards the support level 109.25.

 

Resistance level: 109.70, 110.05

Support level: 109.25, 108.70