GCMAsia - AUDUSD
AUDUSD
2017-05-02
| Resistance and Support | Level | Explanation |
| Resistance | 0.7545 | H4 |
| Support | 0.7515 | H4 |
AUDUSD, H4: AUDUSD remains traded within a downward channel while currently testing at the top level of the channel. A breakout would signal a change in trend direction to move further upwards thereafter. Otherwise, retracement from this level would suggest AUDUSD to be traded lower in short-term within the downward channel.
Resistance level: 0.7545, 0.7570
Support level: 0.7515, 0.7490