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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-07-03
Resistance and Support Level Explanation
Resistance 0.7360 H1
Support 0.7325 H1

AUDUSD, H1: AUDUSD remains traded within a descending wedge following prior rebound from the bottom level. MACD histogram which illustrate bullish bias suggest the pair to extend its gains in short-term after closing above the 20-MA line (red).

 

Resistance level: 0.7360, 0.7400

Support level: 0.7325, 0.7280