GCMAsia - AUDUSD

AUDUSD
2018-11-13
| Resistance and Support | Level | Explanation |
| Resistance | 0.7210 | H1 |
| Support | 0.7170 | H1 |

AUDUSD, H1: AUDUSD was traded lower following prior retracement from the resistance level at 0.7210. However, MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gains toward the resistance level at 0.7210.
Resistance level, 0.7210, 0.7235
Support level: 0.7170, 0.7145