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
2019-08-19

AUDUSD, H4: AUDUSD was traded higher while currently testing the downward channel’s top level. Due to lack of signal from MACD, it is suggested to wait for further signal appeared such as breakout above or a retracement before entering the market.

 

Resistance level: 0.6825, 0.6865
Support level: 0.6750, 0.6695