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
2017-06-13
Resistance and Support Level Explanation
Resistance 110.10 H1
Support 109.65 H1

USDJPY, H1: USDJPY was traded higher following prior rebound from the support level of 109.65. With regards to MACD indicator which continues to hover outside of downward momentum suggests USDJPY to extend its technical correction towards the resistance level of 110.10.

 

Resistance level: 110.10, 110.40

Support level: 109.65, 109.10