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.

011018 AUDUSD

by | Oct 1, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-10-01
Resistance and Support Level Explanation
Resistance 0.7230 H1
Support 0.7200 H1

AUDUSD, H1: AUDUSD was traded lower following prior retrace from the downward trendline. MACD which begins to form a death cross signal suggests the pair to extend its towards the direction of 0.7200.

 

Resistance level: 0.7230, 0.7240

Support level: 0.7200, 0.7175