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290119 AUDUSD

by | Jan 29, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-01-29
Resistance and Support Level Explanation
Resistance 0.7155 H4
Support 0.7115 H4

AUDUSD, H4: AUDUSD was traded lower following prior breakout below the previous support level 0.7155. MACD which display bearish momentum signal suggest the pair to extend its losses towards the support level 0.7115.

 

Resistance level: 0.7155, 0.7230

Support level: 0.7115, 0.7070