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
2019-01-15
Resistance and Support Level Explanation
Resistance 0.7220 H4
Support 0.7170 H4

AUDUSD, H4: AUDUSD was traded higher while currently testing near the resistance level of 0.7220. MACD which display diminishing bearish momentum suggest the pair to extend its gains after successfully breaking above the resistance level.

 

Resistance level: 0.7220, 0.7290

Support level: 0.7170, 0.7100