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071118 AUDUSD-Noon

by | Nov 7, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-11-07
Resistance and Support Level Explanation
Resistance 0.7280 H1
Support 0.7250 H1

AUDUSD, H1: AUDUSD was traded higher following a breakout above the previous resistance level 0.7250. MACD which illustrate bullish signal with the formation of golden cross suggest the pair to extend its gains towards the resistance level 0.7280.

 

Resistance level: 0.7280, 0.7315

Support level: 0.7250, 0.7215