GCMAsia - AUDUSD
AUDUSD
2018-04-11
| Resistance and Support | Level | Explanation |
| Resistance | 0.7775 | H4 |
| Support | 0.7745 | H4 |
AUDUSD, H4: AUDUSD extended its gains sharply following prior breakout from the top level of sideways channel. However, MACD histogram which illustrate diminishing upward momentum may suggest the pair to be traded lower in short-term as technical correction before extending its bullish bias.
Resistance level: 0.7775, 0.7805
Support level: 0.7745, 0.7725