GCMAsia - AUDUSD
AUDUSD
2018-06-26
| Resistance and Support | Level | Explanation |
| Resistance | 0.7425 | H4 |
| Support | 0.7365 | H4 |
AUDUSD, H4: AUDUSD was traded lower following prior breakout from the support level of 0.7425. MACD histogram which shows diminished upward momentum suggests the pair to extend its losses after closing below the 20-MA line (red).
Resistance level: 0.7425, 0.7475
Support level: 0.7365, 0.7325