GCMAsia - AUDUSD

AUDUSD
2017-07-13
| Resistance and Support | Level | Explanation |
| Resistance | 0.7700 | Daily |
| Support | 0.7655 | Daily |

AUDUSD, Daily: AUDUSD was traded higher following prior rebound from the support level of 0.7585 while currently testing near the strong resistance level of 0.7700. Both MA lines which continues to expand upwards suggest AUDUSD to extend its upward momentum after closing above the level of 0.7700.
Resistance level: 0.7700, 0.7750
Support level: 0.7655, 0.7585