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200818 AUDUSD

by | Aug 20, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-08-20
Resistance and Support Level Explanation
Resistance 0.7315 H1
Support 0.7280 H1

AUDUSD, H1: AUDUSD was traded lower following prior retracement from the resistance level 0.7345. MACD which display bearish signal suggest the pair to extend its technical correction towards the trend line before it may resume its major trend.

 

Resistance level: 0.7315, 0.7345

Support level: 0.7280, 0.7260