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051218 AUDUSD-Noon

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

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-12-05
Resistance and Support Level Explanation
Resistance 0.7265 H4
Support 0.7290 H4

AUDUSD, H4: AUDUSD was traded lower while currently testing near the support level at 0.7295. MACD which illustrate bearish momentum suggest the pair to extend its losses after successfully closed below the support level at 0.7295.

Resistance level: 0.7265, 0.7360

Support level: 0.7290, 0.7215