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041018 AUDUSD-Noon

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

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-10-04
Resistance and Support Level Explanation
Resistance 0.7125 H1
Support 0.7085 H1

AUDUSD, H1: AUDUSD was traded higher following prior rebound from the support level 0.7085. MACD which display diminishing bearish momentum suggest the pair to be traded higher towards the resistance level 0.7125.

 

Resistance level: 0.7125, 0.7160

Support level: 0.7085, 0.7040