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011117 AUDUSD

by | Nov 1, 2017 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-11-01
Resistance and Support Level Explanation
Resistance 0.7700 H4
Support 0.7640 H4

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level of 0.7700. MACD histogram which illustrate diminishing upward signal suggest AUDUSD to extend its losses after successfully breaking the support level of 0.7640.

 

Resistance level: 0.7700, 0.7755

Support level: 0.7640, 0.7585