GCMAsia - AUDUSD
AUDUSD
2017-11-03
| Resistance and Support | Level | Explanation |
| Resistance | 0.7755 | H4 |
| Support | 0.7700 | H4 |
AUDUSD, H4: AUDUSD was traded lower following prior retrace from the 60-MA line (green). Recent price action suggests higher bearish pressure above which suggests AUDUSD to extend its losses after successfully closing below the 20-MA line (red).
Resistance level: 0.7755, 0.7800
Support level: 0.7700, 0.7640