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.

211218 AUDUSD

by | Dec 21, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-12-21
Resistance and Support Level Explanation
Resistance 0.7140 H4
Support 0.7105 H4

AUDUSD, H4: AUDUSD was traded flat within the range of 0.7140 and 0.7105. MACD which illustrate diminishing downward momentum suggests the pair to be traded higher in short-term, before extending its losses based on the current downward trendline.

Resistance level: 0.7140, 0.7170

Support level: 0.7105, 0.7060