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 following a prior rebound from the support level at 128.00. However, MACD which illustrated diminishing bullish momentum suggests the pair to undergo technical correction in short term.

 

Resistance level: 130.25, 132.30

Support level: 128.00, 126.50