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.
GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-06-09
Resistance and Support Level Explanation
Resistance 0.7540 Daily
Support 0.7485 Daily

AUDUSD, Daily: AUDUSD remained to be traded higher while currently continues to test near the strong resistance level of 0.7540. Referring to MACD histogram which illustrates upwards signal and momentum, AUDUSD is suggested to move further up after breaking the level at 0.7540.

 

Resistance level: 0.7540, 0.7590

Support level: 0.7485, 0.7425