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.

200918 AUDUSD

by | Sep 20, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-09-20
Resistance and Support Level Explanation
Resistance 0.7270 H1
Support 0.7215 H1

AUDUSD, H1: AUDUSD was recently traded lower following prior retracement from the resistance level 0.7270. Recent price action and MACD which illustrate bearish momentum suggest the pair to extend its retracement towards the support level 0.7215.

 

Resistance level: 0.7270, 0.7315

Support level: 0.7215, 0.7185