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041017 AUDUSD

by | Oct 4, 2017 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-10-04
Resistance and Support Level Explanation
Resistance 0.7895 H4
Support 0.7800 H4

AUDUSD, H4: AUDUSD was traded higher following prior rebound near the psychological level of 0.7800. Signal line from MACD histogram which continues to expand upwards suggests the pair to advance further up, towards the resistance level of 0.7895.

 

Resistance level: 0.7895, 0.7950

Support level: 0.7800, 0.7755