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.

160119 AUDUSD-Noon

by | Jan 16, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-01-16
Resistance and Support Level Explanation
Resistance 0.7730 H4
Support 0.7175 H4

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level 0.7230. MACD which illustrate bearish momentum signal suggest the pair to extend its retracement towards the support level 0.7175.

 

Resistance level: 0.7730, 0.7270

Support level: 0.7175, 0.7120