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040717 AUDUSD

by | Jul 4, 2017 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-07-04
Resistance and Support Level Explanation
Resistance 0.7670 H1
Support 0.7640 H1

AUDUSD, H1: AUDUSD remains traded within a downward channel following prior retracement from the resistance level of 0.7670. A closure below the 20-moving average line (red) would suggest AUDUSD to extend its losses towards the lower level of the channel.

 

Resistance level: 0.7670, 0.7690

Support level: 0.7640, 0.7620