GCMAsia - AUDUSD
AUDUSD
2017-05-15
| Resistance and Support | Level | Explanation |
| Resistance | 0.7430 | Daily |
| Support | 0.7330 | Daily |
AUDUSD, Daily: AUDUSD was traded higher following prior rebound from the support level of 0.7330. As the downward signal from MACD histogram continues to narrow upwards, AUDUSD is expected to be traded higher in short-term and extend its retracement period.
Resistance level: 0.7430, 0.7525
Support level: 0.7330, 0.7215