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GCMAsia - AUDUSD
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