GCMAsia - AUDUSD

AUDUSD
2017-10-11
| Resistance and Support | Level | Explanation |
| Resistance | 0.7800 | H4 |
| Support | 0.7755 | H4 |

AUDUSD, H4: AUDUSD was traded higher while currently testing near the downward trend line at 0.7800. A successful breakout from this level would suggest further bullish bias for the pair and is expected to advance further up thereafter towards the next target at 0.7895.
Resistance level: 0.7800, 0.7895
Support level: 0.7755, 0.7640