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041018 AUDUSD

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

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-10-04
Resistance and Support Level Explanation
Resistance 0.7130 H4
Support 0.7090 H4

AUDUSD, H4: AUDUSD extended its losses while currently testing near the strong support of 0.7090. MACD which has formed a death cross signal suggests the pair to advance further down after successfully breaking the target of 0.7090.

 

Resistance level: 0.7130, 0.7200

Support level: 0.7090, 0.7025