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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-06-28
Resistance and Support Level Explanation
Resistance 0.7615 H1
Support 0.7600 H1

AUDUSD, H1: AUDUSD were traded higher following prior rebound from the support level of 0.7600. Referring to MACD histogram which illustrates upward bias suggests AUDUSD to advance further up and retest at the strong resistance level of 0.7615.

 

Resistance level: 0.7615, 0.7630

Support level: 0.7600, 0.7580