GCMAsia - AUDUSD
AUDUSD
2018-10-26
| Resistance and Support | Level | Explanation |
| Resistance | 0.7045 | H4 |
| Support | 0.7025 | H4 |
AUDUSD, H4: AUDUSD was traded lower following prior breakout from the previous support level at 0.7045. MACD which illustrate the formation of death cross suggest the pair to extend its losses toward the support level at 0.7025.
Resistance level: 0.7045, 0.7065
Support level: 0.7025, 0.6995