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.

041219 AUDUSD

by | Dec 4, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-12-04

AUDUSD, H4: AUDUSD was traded higher following prior breakout above the previous resistance level 0.6825. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to undergo a technical correction in short term towards the current support level 0.6825.

 

Resistance level: 0.6880, 0.6925

Support level: 0.6825, 0.6770