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.

291018 AUDUSD

by | Oct 29, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-10-29
Resistance and Support Level Explanation
Resistance 0.7100 H1
Support 0.7055 H1

AUDUSD, H1: AUDUSD was traded lower following prior retracement from the resistance level at 0.7100. MACD which illustrate diminishing upward momentum suggests the pair to extend its losses in short-term, towards the direction of 0.7055.

 

Resistance level: 0.7100, 0.7130

Support level: 0.7055, 0.7025