GCMAsia - AUDUSD

AUDUSD
2017-08-18
| Resistance and Support | Level | Explanation |
| Resistance | 0.7902 | H1 |
| Support | 0.7885 | H1 |

AUDUSD, H1: AUDUSD was traded higher after its failure to break support level at 0.7885. Cross-over of MACD signal line and pin bar formation suggests AUDUSD to gain its momentum to move higher, testing resistance level at 0.7902 and 0.7925.
Resistance level: 0.7902, 0.7925
Support level: 0.7885, 0.7865