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
2019-02-27

AUDUSD, H4: AUDUSD was traded higher following prior rebound from the lower level of ascending channel. MACD which illustrate diminishing upward momentum suggests the pair to be traded lower in short-term as technical correction.

 

Resistance level: 0.7225, 0.7275

Support level: 0.7170, 0.7105