GCMAsia - AUDUSD
AUDUSD
2018-09-06
| Resistance and Support | Level | Explanation |
| Resistance | 0.7200 | H1 |
| Support | 0.7165 | H1 |
AUDUSD, H1: AUDUSD was recently traded lower following prior breakout below the previous support level 0.7200. Recent price action and MACD which display a starting bearish momentum and the formation of death cross suggest the pair to extend its losses after a breakthrough below the support level 0.7165.
Resistance level: 0.7200, 0.7230
Support level: 0.7165, 0.7140