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041218 AUDUSD

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

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-12-04
Resistance and Support Level Explanation
Resistance 0.7370 H1
Support 0.7340 H1

AUDUSD, H1: AUDUSD remains traded within an ascending channel while currently testing at the bottom level. MACD which illustrate bearish signal suggests the pair to be traded lower in short-term, towards the direction of 0.7340.

Resistance level: 0.7370, 0.7415

Support level: 0.7340, 0.7300