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.

270520 AUDUSD

by | May 27, 2020 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2020-05-27

AUDUSD, H4: AUDUSD was traded higher while currently testing near the resistance level 0.6670. However, MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower as a technical correction in short term towards the support level 0.6560.

 

Resistance level: 0.6670, 0.6750

Support level: 0.6560, 0.6390