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
2021-01-26

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level at 0.7735. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.

 

Resistance level: 0.7735, 0.7785

Support level: 0.7670, 0.7610