GCMAsia - AUDUSD
AUDUSD
2019-01-03
| Resistance and Support | Level | Explanation |
| Resistance | 0.6950 | H1 |
| Support | 0.6900 | H1 |
AUDUSD, H1: AUDUSD was traded higher following prior breakout above the previous resistance level 0.6900. MACD which display diminished bearish momentum and the starting formation of golden cross suggest the pair to extend its gains toward the resistance level at 0.6950.
Resistance level: 0.6950, 0.7005
Support level: 0.6900, 0.6850