GCMAsia - AUDUSD
AUDUSD
2018-12-27
| Resistance and Support | Level | Explanation |
| Resistance | 0.7095 | H4 |
| Support | 0.7035 | H4 |
AUDUSD, H4: AUDUSD remain traded in a sideway channel following prior retracement from its recent highs. MACD which illustrate diminishing bullish momentum suggest the pear to undergo a technical correction towards the support level 0.7035.
Resistance level: 0.7095, 0.7160
Support level: 0.7035, 0.6975