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050418 AUDUSD

by | Apr 5, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-04-05
Resistance and Support Level Explanation
Resistance 0.7730 H1
Support 0.7715 H1

AUDUSD, H1: AUDUSD remains traded within an ascending channel following prior retracement from the top level. MACD histogram which illustrate diminished upward momentum suggests the pair to extend its losses in short-term after breaking the support level near 0.7715.

 

Resistance level: 0.7730, 0.7740

Support level: 0.7715, 0.7695