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.

050618 AUDUSD

by | Jun 5, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-06-05
Resistance and Support Level Explanation
Resistance 0.7655 H1
Support 0.7620 H1

AUDUSD, H1: AUDUSD was traded lower following prior retracement from the resistance level at 0.7655. MACD histogram which illustrate the formation of death cross suggests the pair to extend its bearish bias towards the support level at 0.7620.

 

Resistance level: 0.7655, 0.7690

Support level: 0.7620, 0.7590