GCMAsia - AUDUSD

AUDUSD
2017-09-14
| Resistance and Support | Level | Explanation |
| Resistance | 0.8040 | H4 |
| Support | 0.7970 | H4 |

AUDUSD, H4: AUDUSD was traded higher following a surge of bullish momentum near the support level of 0.7970. A closure above the 60-MA line (green) would suggests further upside bias for the pair to extend its gains towards the resistance level of 0.8040.
Resistance level: 0.8040, 0.8125
Support level: 0.7970, 0.7895