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011118 AUDUSD

by | Nov 1, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-11-01
Resistance and Support Level Explanation
Resistance 0.7130 H1
Support 0.7100 H1

AUDUSD, H1: AUDUSD remains traded within an ascending channel following prior rebound from the bottom level. MACD which begins to form a golden cross signal suggests the pair to extend its gains, towards the resistance level at 0.7130.

 

Resistance level: 0.7130, 0.7150

Support level: 0.7100, 0.7080