GCMAsia - AUDUSD

AUDUSD
2017-09-28
| Resistance and Support | Level | Explanation |
| Resistance | 0.7895 | Daily |
| Support | 0.7755 | Daily |

AUDUSD, Daily: AUDUSD has recently broke out from the bottom level of upward channel, signalling a change in trend direction to move further downwards. Signal line from MACD histogram which continues to expand downwards suggests the pair to advance further down, towards the direction of support level at 0.7755.
Resistance level: 0.7895, 0.8015
Support level: 0.7755, 0.7640