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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-08-30
Resistance and Support Level Explanation
Resistance 0.8010 H4
Support 0.7965 H4

AUDUSD, H4: AUDUSD was traded higher prior its successful breakout above resistance level at 0.7965. Upward slope of MACD signal line gives suggestion to AUDUSD to continue its bullish momentum, testing the next resistance level at 0.8010.

Resistance level: 0.8010, 0.8065

Support level: 0.7965, 0.7935