GCMAsia - AUDUSD

AUDUSD
2018-11-14
Resistance and Support | Level | Explanation |
Resistance | 0.7235 | H4 |
Support | 0.7170 | H4 |
AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level 0.7235. Although MACD which illustrate bullish bias with the formation of golden cross, a breakout above the resistance level 0.7235 is required to attain further confirmation.
Resistance level: 0.7235, 0.7290
Support level: 0.7170, 0.7115