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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
2019-02-19

AUDUSD, H4: AUDUSD was traded lower following prior retrace from the resistance near 0.7170. MACD which has formed a death cross signal suggests the pair to be traded lower, towards the direction of 0.7070.

 

Resistance level: 0.7170, 0.7275

Support level: 0.7070, 0.7015