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010618 AUDUSD

by | Jun 1, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-06-01
Resistance and Support Level Explanation
Resistance 0.7590 H1
Support 0.7555 H1

AUDUSD, H1: AUDUSD was traded lower following prior retracement from the resistance level at 0.7590. MACD histogram which illustrate downward signal suggests the pair to extend its bearish bias after closing below the strong support of 0.7555.

 

Resistance level: 0.7590, 0.7620

Support level: 0.7555, 0.7520