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.

020419 AUDUSD-Noon

by | Apr 2, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-04-02

AUDUSD, H4: AUDUSD was traded lower following prior breakout below the previous support level at 0.7120. MACD which display bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 0.7070.

 

Resistance level: 0.7120, 0.7145

Support level: 0.7070, 0.7005