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
2018-12-12
Resistance and Support Level Explanation
Resistance 0.7220 H4
Support 0.7170 H4

AUDUSD, H4: AUDUSD was traded higher following prior rebound from 0.7170. MACD which illustrate bullish signal suggests the pair to extend its gains after successfully closing above the resistance level near 0.7220.

 

Resistance level: 0.7220, 0.7265

Support level: 0.7170, 0.7105