GCMAsia - AUDUSD

AUDUSD
2017-09-29
| 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, signifying a change in trend direction to move further downwards. Both signal line from MACD histogram which continues to expand further down suggests the pair to extend its losses towards the support level of 0.7755.
Resistance level: 0.7895, 0.8015
Support level: 0.7755, 0.7640