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.

030517 AUDUSD

by | May 3, 2017 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-05-03
Resistance and Support Level Explanation
Resistance 0.7510 H4
Support 0.7480 H4

AUDUSD, H4: AUDUSD remains traded within a downward channel following prior retracement from the top level of the channel. Recent retracement suggests AUDUSD to be traded lower, towards the target of support level at 0.7480.

 

Resistance level: 0.7510, 0.7530

Support level: 0.7480, 0.7440