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.

 

USDJPY, H4: USDJPY was traded higher after it break above the previous resistance level at 130.25. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains towards the resistance level at 132.30.

 

Resistance level: 132.30, 134.55

Support level: 128.00, 126.50