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.

AUDUSD, H4: AUDUSD was traded higher following recent rebound from the support level 0.7340. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to be traded lower back towards the support level 0.7340.

 

Resistance level: 0.7415, 0.7485

Support level: 0.7340, 0.7245