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.

040119 USDJPY-Noon

by | Jan 4, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-01-04
Resistance and Support Level Explanation
Resistance 108.70 H1
Support 108.10 H1

USDJPY, H1: USDJPY was traded higher following prior breakout above previous resistance level 108.10. MACD which illustrate persistent bullish momentum suggest the pair to extend its gains towards the resistance level 108.70.

 

Resistance level: 108.70, 109.35

Support level: 108.10, 107.55