GCMAsia - AUDUSD

AUDUSD
2018-05-29
| Resistance and Support | Level | Explanation |
| Resistance | 0.7570 | H4 |
| Support | 0.7515 | H4 |

AUDUSD, H4: AUDUSD has recently break out from the bottom level of ascending channel, signifying a change in trend direction to move further downwards. MACD histogram which illustrate downward signal suggests the pair to extend its losses after breaking the support level at 0.7515.
Resistance level: 0.7570, 0.7610
Support level: 0.7515, 0.7480