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.

311218 AUDUSD

by | Dec 31, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-12-31
Resistance and Support Level Explanation
Resistance 0.7070 H1
Support 0.7035 H1

AUDUSD, H1: AUDUSD was traded higher following prior rebound from the support level 0.7035. MACD which display bullish bias and the formation of golden cross suggest the pair to extend its gains towards the resistance level 0.7070.

 

Resistance level: 0.7070, 0.7100

Support level: 0.7035, 0.7000