GCMAsia - AUDUSD
AUDUSD
2017-08-21
| Resistance and Support | Level | Explanation |
| Resistance | 0.8450 | Weekly |
| Support | 0.7830 | Weekly |
AUDUSD, Weekly: AUDUSD was traded higher after breaking resistance level at 0.7830. Currently the pair is testing the resistance by 200-MA line. Successful breakout of the 200-MA line gives a suggestion to AUDUSD to continue its momentum to move higher, testing the next resistance level at 0.8450.
Resistance level: 0.8450, 0.8950
Support level: 0.7830, 0.7350