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
2021-02-08

USDJPY, H4: USDJPY was traded lower following recent retracement from the resistance level 105.70. MACD which illustrate bearish momentum signal suggest the pair to extend its retracement in short term towards the support level 105.15.

 

Resistance level: 105.70, 106.10

Support level: 105.15, 104.50