GCMAsia - AUDUSD

AUDUSD
2018-11-21
| Resistance and Support | Level | Explanation |
| Resistance | 0.7240 | H1 |
| Support | 0.7210 | H1 |

AUDUSD, H1: AUDUSD was traded higher following prior rebound from the support level 0.7210. MACD which illustrate bullish momentum and the starting formation of golden cross suggest the pair to extend its rebound towards the resistance level 0.7240.
Resistance level: 0.7240, 0.7265
Support level: 0.7210, 0.7190