GCMAsia - AUDUSD

AUDUSD
2018-11-12
Resistance and Support | Level | Explanation |
Resistance | 0.7235 | H1 |
Support | 0.7215 | H1 |
AUDUSD, H1: AUDUSD was traded lower following prior retracement from the resistance level 0.7235. Due to the lack of clear direction and signal from MACD, it is suggested to wait until further clear signal appears such as breakout from the nearest resistance or support level before entering the market.
Resistance level: 0.7235, 0.7260
Support level: 0.7215, 0.7185