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.

040418 AUDUSD

by | Apr 4, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-04-04
Resistance and Support Level Explanation
Resistance 0.7690 H4
Support 0.7635 H4

AUDUSD, H4: AUDUSD remains traded within a descending wedge while currently testing near the mid-level. MACD histogram illustrate substantial upward signal and momentum may suggest the pair to extend its gains in short-term, after closing above the resistance level of 0.7690.

 

Resistance level: 0.7690, 0.7740

Support level: 0.7635, 0.7585