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.
GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-04-03
Resistance and Support Level Explanation
Resistance 0.7690 H4
Support 0.7635 H4

AUDUSD, H4: AUDUSD remains traded within a descending wedge while currently testing at the bottom level. Stochastic Oscillator which has illustrate an imminent rebound signal from the oversold region may suggest the pair to extend its gains in the event of a bullish rebound.

 

Resistance level: 0.7690, 0.7740

Support level: 0.7635, 0.7585