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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-09-10
Resistance and Support Level Explanation
Resistance 0.7140 H1
Support 0.7115 H1

AUDUSD, H1: AUDUSD was recently traded higher while currently testing the resistance level 0.7115. Recent price action and MACD which illustrate a bullish momentum and the formation of a golden cross suggest the pair to extend its gains after a breakout above the resistance level 0.7115.

 

Resistance level: 0.7115, 0.7140

Support level: 0.7095, 0.7060