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.

310518 USDJPY

by | May 31, 2018 | USD/JPY | 0 comments

GCMAsia - USDJPY
USDJPY
USDJPY
2018-05-31
Resistance and Support Level Explanation
Resistance 108.85 H1
Support 108.30 H1

USDJPY, H1: USDJPY remained traded within a descending channel following prior retracement from the top level. MACD histogram which has formed a death cross signal suggests the pair to extend its losses, towards the direction of support level at 108.30.

 

Resistance level: 108.85, 109.40

Support level: 108.30, 107.50