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
2017-10-19
Resistance and Support Level Explanation
Resistance 113.15 H1
Support 112.75 H1

USDJPY, H1: USDJPY was traded lower prior breaking below support level at 113.00.  Death-cross as formed by MACD signal line suggest short-term technical correction for the pair to trade lower toward the next support level at 112.75.

Resistance level: 113.15, 113.00

Support level: 112.75, 112.50