GCMAsia - AUDUSD

AUDUSD
2018-09-12
| Resistance and Support | Level | Explanation |
| Resistance | 0.7115 | H1 |
| Support | 0.7095 | H1 |

AUDUSD, H1: AUDUSD was recently traded higher following prior rebound from the support level 0.7095. Recent price action and MACD which illustrate a starting bullish momentum and the formation of a golden cross suggest the pair to extend its rebound towards the resistance level 0.7115.
Resistance level: 0.7115, 0.7140
Support level: 0.7095, 0.7060