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
2018-12-20
Resistance and Support Level Explanation
Resistance 0.7115 H4
Support 0.7080 H4

AUDUSD, H4: AUDUSD was traded lower following prior breakout from the support level at 0.7115. MACD which forms a bearish signal suggests the pair to extend its losses toward the support level at 0.7080.

Resistance level: 0.7115, 0.7155

Support level: 0.7080, 0.7060