GCMAsia - AUDUSD

AUDUSD
2017-10-02
| Resistance and Support | Level | Explanation |
| Resistance | 0.7895 | Daily |
| Support | 0.7755 | Daily |

AUDUSD, Daily: AUDUSD extended its losses following prior closure below the strong support level of 0.7895. Both MA line which may form a death cross while consistent downward signal from MACD histogram suggests the pair to advance further down, towards the target of support level at 0.7755.
Resistance level: 0.7895, 0.8015
Support level: 0.7755, 0.7640