GCMAsia - AUDUSD
AUDUSD
2018-10-05
| Resistance and Support | Level | Explanation |
| Resistance | 0.7085 | H4 |
| Support | 0.7040 | H4 |
AUDUSD, H4: AUDUSD was traded lower following prior breakout below the previous support level 0.7085. MACD which illustrate persistent bearish momentum suggest the pair to extend its losses towards the support level 0.7040.
Resistance level: 0.7085, 0.7125
Support level: 0.7040, 0.7010