GCMAsia - AUDUSD

AUDUSD
2018-11-05
| Resistance and Support | Level | Explanation |
| Resistance | 0.7205 | H4 |
| Support | 0.7170 | H4 |

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance at 0.7250. MACD which begins to form a death cross signal suggests the pair to be traded lower in short-term, towards the direction of 0.7170.
Resistance level: 0.7205, 0.7250
Support level: 0.7170, 0.7135