GCMAsia - AUDUSD

AUDUSD
2018-12-07
| Resistance and Support | Level | Explanation |
| Resistance | 0.7260 | H4 |
| Support | 0.7220 | H4 |

AUDUSD, H4: AUDUSD was traded lower while currently testing the support level 0.7220. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses after a breakout below the support level.
Resistance level: 0.7260, 0.7290
Support level: 0.7220, 0.7185