GCMAsia - AUDUSD
AUDUSD
2017-08-03
| Resistance and Support | Level | Explanation |
| Resistance | 0.7950 | H4 |
| Support | 0.7880 | H4 |
AUDUSD, H4: AUDUSD extended its losses following recent closure below the strong support level of 0.7950. MACD histogram which continues to illustrate negative divergence suggests AUDUSD to advance further down, towards the target of support level at 0.7880.
Resistance level: 0.7950, 0.8030
Support level: 0.7880, 0.7820