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.

010920 USDJPY

by | Sep 1, 2020 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2020-09-01

USDJPY, H4: USDJPY was traded higher following prior rebound from the support level 105.20. However, MACD which illustrate bullish momentum signal with the formation of golden cross suggest the pair to extend its rebound towards the resistance level 106.25.

 

Resistance level: 106.25, 106.95

Support level: 105.20, 104.35