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.

291220 USDJPY-Noon

by | Dec 29, 2020 | USD/JPY | 0 comments

GCMAsia-USDJPY
USDJPY
USDJPY
2020-12-29

USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance level 103.70. MACD which illustrate diminishing bullish momentum signal suggest the pair to extend its retracement towards the support level 102.90.

 

Resistance level: 103.70, 104.50

Support level: 102.90, 102.05