GCMAsia - 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