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
2019-01-10
Resistance and Support Level Explanation
Resistance 0.7255 H1
Support 0.7145 H1

AUDUSD, H1: AUDUSD was traded higher following prior rebound from the support level at 0.7145. MACD which illustrate diminished downward momentum suggests the pair to extend its gains, towards the direction of 0.7255.

Resistance level: 0.7255, 0.7330

Support level: 0.7145, 0.7070