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191218 AUDUSD-Noon

by | Dec 19, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-12-19
Resistance and Support Level Explanation
Resistance 0.7220 H4
Support 0.7160 H4

AUDUSD, H4: AUDUSD was traded higher following prior rebound from the support level 0.7160. MACD which display bullish momentum with the formation of golden cross suggest the pair to extend its gains after it breaks above the resistance level 0.7220.

 

Resistance level: 0.7220, 0.7265

Support level: 0.7160, 0.7095