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
2017-10-23
Resistance and Support Level Explanation
Resistance 114.30 Daily
Support 113.00 Daily

USDJPY, Daily: USDJPY skyrocketed following prior breakout from the strong resistance level of 113.00. MACD histogram which forms a golden cross suggest the pair to advance further up and retest near the strong resistance level of 114.30.

 

Resistance level: 114.30, 115.15

Support level: 113.00, 111.65