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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
2019-05-27

AUDUSD, H4: AUDUSD was traded higher while currently testing the top-level of the sideway channel. MACD which illustrate bullish momentum suggest the pair to extend its gains towards the resistance level 0.6970 after successfully closing above the sideway channel.

 

Resistance level: 0.6970, 0.7030

Support level: 0.6915, 0.6860