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
2018-04-17
Resistance and Support Level Explanation
Resistance 0.7790 H1
Support 0.7775 H1

AUDUSD, H1: AUDUSD remains traded in an uptrend while recently rebounded near the support level of 0.7775. Both MA line which began to expand upwards suggests the pair to advance further up and test near the minor resistance of 0.7790.

 

Resistance level: 0.7790, 0.7805

Support level: 0.7775, 0.7745