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041218 AUDUSD-Noon

by | Dec 4, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-12-04
Resistance and Support Level Explanation
Resistance 0.7370 H4
Support 0.7340 H4

AUDUSD, H4: AUDUSD was traded higher while currently testing near the resistance level 0.7370. MACD which illustrate diminishing bullish momentum suggest the pair to undergo a technical correction and retrace from the resistance level.

 

Resistance level: 0.7370, 0.7400

Support level: 0.7340, 0.7315