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010818 AUDUSD

by | Aug 1, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-08-01
Resistance and Support Level Explanation
Resistance 0.7435 H1
Support 0.7410 H1

AUDUSD, H1: AUDUSD was traded higher while currently testing the ascending trend line and also support level 0.7410. Although MACD which illustrate bearish momentum, a breakout below the trend line and support level 0.7410 is required to attain further confirmation

 

Resistance level: 0.7435, 0.7455

Support level: 0.7410, 0.7390