GCMAsia - AUDUSD

AUDUSD
2018-10-03
| Resistance and Support | Level | Explanation |
| Resistance | 0.7215 | H4 |
| Support | 0.7160 | H4 |

AUDUSD, H4: AUDUSD was recently traded lower following prior breakout below the previous support level 0.7215. MACD which display bearish momentum and the formation of death cross suggest the pair to extend its losses towards the support level 0.7160.
Resistance level: 0.7215, 0.7295
Support level: 0.7160, 0.7135