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, H4: AUDUSD was traded lower following the prior retracement from the higher level. However, MACD which illustrated bullish momentum suggests the pair to undergo technical correction in short term.

 

Resistance level: 0.6775, 0.6870

Support level: 0.6685, 0.6600