GCMAsia - AUDUSD

AUDUSD
2017-06-01
| Resistance and Support | Level | Explanation |
| Resistance | 0.7415 | H4 |
| Support | 0.7380 | H4 |

AUDUSD, H4: AUDUSD has recently broke out from the bottom level of narrowing triangle, signalling a change in trend direction to move further downwards. A successful closure below the support level of 0.7380 would suggest AUDUSD to extend its losses.
Resistance level: 0.7415, 0.7440
Support level: 0.7380, 0.7325