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021018 AUDUSD

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

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-10-02
Resistance and Support Level Explanation
Resistance 0.7240 H1
Support 0.7230 H1

AUDUSD, H1: AUDUSD was traded within a descending channel while currently testing at the upper level. MACD which illustrate persistent bullish signal suggests the pair to extend its gains after breaking the top level of the channel.

 

Resistance level: 0.7240, 0.7260

Support level: 0.7230, 0.7200