GCMAsia - AUDUSD

AUDUSD
2018-11-05
| Resistance and Support | Level | Explanation |
| Resistance | 0.7205 | H4 |
| Support | 0.7185 | H4 |

AUDUSD, H4: AUDUSD was traded lower while currently testing near the support level at 0.7185. MACD which illustrate starting bearish momentum and formation of death cross suggest the pair to extend its losses after successfully breakout the support level at 0.7185.
Resistance level: 0.7205, 0.7250
Support level: 0.7185, 0.7140