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.

290719 USDJPY-Noon

by | Jul 29, 2019 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2019-07-29

USDJPY, H4: USDJPY was traded lower while currently testing the 20 moving average line (Red). MACD which illustrate diminishing bullish momentum and the formation of death cross suggest the pair to extend its losses after successfully breakout below the 20 moving average line (Red).

 

Resistance level: 108.70, 109.20
Support level: 108.25, 107.75