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.

AUDUSD, Daily: AUDUSD was traded lower following the prior while testing the support level at 0.6785. MACD which illustrated diminishing bullish momentum suggests the pair to extend its losses after it breakout the support level.

 

Resistance level: 0.6880, 0.7015

Support level: 0.6785, 0.6600