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.

241218 AUDUSD-Noon

by | Dec 24, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-12-24
Resistance and Support Level Explanation
Resistance 0.7105 H1
Support 0.7060 H1

AUDUSD, H4: AUDUSD was traded higher while currently testing near the resistance level 0.7070. MACD which display diminishing bearish momentum suggest the pair to extend its gains after a successful breakout above the resistance level.

 

Resistance level: 0.7070, 0.7100

Support level: 0.7040, 0.7000