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220119 AUDUSD

by | Jan 22, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-01-22
Resistance and Support Level Explanation
Resistance 0.7230 H4
Support 0.7155 H4

AUDUSD, H4: AUDUSD was traded lower while currently testing the support level 0.7155. MACD which illustrate persistent bearish momentum suggest the pair to extend its losses after it successfully breaks below the support level.

Resistance level: 0.7230, 0.7270

Support level: 0.7155, 0.7115