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020818 AUDUSD

by | Aug 2, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-08-02
Resistance and Support Level Explanation
Resistance 0.7410 H1
Support 0.7370 H1

AUDUSD, H1: AUDUSD was traded lower following prior recent breakout below the support level 0.7390. MACD which display ongoing bearish momentum suggest the pair may extend its losses towards the next support level 0.7370.

 

Resistance level: 0.7410, 0.7435

Support level: 0.7370, 0.7360