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
2017-10-25
Resistance and Support Level Explanation
Resistance 113.95 H1
Support 113.55 H1

USDJPY, H1: USDJPY was traded lower prior retracement from resistance level at 113.95. Formation of pin bar candlestick and death-cross by MACD signal line suggests the pair to trade lower in short term toward support level at 113.55.

Resistance level: 113.95, 114.30

Support level: 113.55, 113.15