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

USDJPY, H1: USDJPY remains traded within a sideways channel while currently testing at the top level. MACD which illustrate diminished upward momentum suggests the pair to be traded lower following a successful retracement from the top level.

 

Resistance level: 110.00, 110.50.

Support level: 109.55, 108.95