GCMAsia - AUDUSD
AUDUSD
2017-06-07
| Resistance and Support | Level | Explanation |
| Resistance | 0.7550 | H4 |
| Support | 0.7500 | H4 |
AUDUSD, H4: AUDUSD has recently broke out from the top level of narrowing triangle, signalling a change in trend direction to move further upwards. A successful closure above the resistance level of 0.7550 would suggest AUDUSD to move further upwards towards the next target at 0.7580.
Resistance level: 0.7550, 0.7580
Support level: 0.7500, 0.7465