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040618 AUDUSD

by | Jun 4, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-06-04
Resistance and Support Level Explanation
Resistance 0.7590 H1
Support 0.7555 H1

AUDUSD, H1: AUDUSD extended gains following prior rebound from the upward trendline. MACD histogram which illustrate upward signal suggests further bullish bias. However, a close above the strong resistance level of 0.7590 is required to attain further confirmation.

 

Resistance level: 0.7590, 0.7620

Support level: 0.7555, 0.7520