GCMAsia - AUDUSD
AUDUSD
2018-06-12
| Resistance and Support | Level | Explanation |
| Resistance | 0.7620 | H4 |
| Support | 0.7580 | H4 |
AUDUSD, H4: AUDUSD remains traded within an ascending channel while currently testing at the bottom level. MACD histogram which illustrate diminished downward momentum suggests the pair to extend its gains after closing above the 20-MA line (red) and target at 0.7620.
Resistance level: 0.7620, 0.7680
Support level: 0.7580, 0.7530