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
2017-07-27
Resistance and Support Level Explanation
Resistance 0.8080 Daily
Support 0.8000 Daily

AUDUSD, Daily: AUDUSD extended gains following prior closure above the strong resistance level at 0.8000. Both MA line which continues to expand further up suggests AUDUSD to advance towards the next target at 0.8080.

 

Resistance level: 0.8080, 0.8170

Support level: 0.8000, 0.7900