GCMAsia - AUDUSD

AUDUSD
2019-02-01
| Resistance and Support | Level | Explanation |
| Resistance | 0.7275 | H4 |
| Support | 0.7170 | H4 |

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance at 0.7275. MACD which begins to form a death cross signal suggests the pair to be traded lower in short-term as technical correction.
Resistance level: 0.7275, 0.7360
Support level: 0.7170, 0.7070