GCMAsia - AUDUSD
AUDUSD
2017-07-31
| Resistance and Support | Level | Explanation |
| Resistance | 0.8000 | Daily |
| Support | 0.7900 | Daily |
AUDUSD, Daily: AUDUSD extended gains following prior rebound from the strong support level near 0.7900. Both moving average lines which continues to expand upwards suggests AUDUSD to extend its upward momentum after successfully closing above the strong resistance level of 0.8000.
Resistance level: 0.8000, 0.8080
Support level: 0.7900, 0.7785