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230718 AUDUSD

by | Jul 23, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-07-23
Resistance and Support Level Explanation
Resistance 0.7430 H4
Support 0.7390 H4

AUDUSD, H4: AUDUSD remain traded in a consolidation phase while currently testing the resistance level 0.7430. Although MACD illustrate bullish momentum signals, a breakout above the resistance level is required for further confirmation.

 

Resistance level: 0.7430, 0.7470

Support level: 0.7390, 0.7350