GCMAsia - AUDUSD

AUDUSD
2017-07-19
| Resistance and Support | Level | Explanation |
| Resistance | 0.8050 | Weekly |
| Support | 0.7815 | Weekly |

AUDUSD, Weekly: AUDUSD was traded higher following recent close above the 50.0 Fibonacci level at 0.7815, signalling further upside bias. It is expected to advance further up, towards the next strong resistance level at 0.8050.
Resistance level: 0.8050, 0.8380
Support level: 0.7815, 0.7580