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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-04-23
Resistance and Support Level Explanation
Resistance 0.7680 H4
Support 0.7660 H4

AUDUSD, H4: AUDUSD was traded higher prior rebound from trend line and the pair is currently testing to gain support above 0.7660. MACD that portrays diminishing bearish momentum would suggest the pair to trade higher if closure of candlestick above the said support level is successful.

Resistance level: 0.7680, 0.7700

Support level: 0.7660, 0.7630