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051218 AUDUSD

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

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-12-05
Resistance and Support Level Explanation
Resistance 0.7340 H4
Support 0.7300 H4

AUDUSD, H4: AUDUSD was traded lower following prior retracement from the top level of ascending channel. MACD which illustrate bearish signal suggests the pair to extend its losses after closing below 0.7300.

Resistance level: 0.7340, 0.7390

Support level: 0.7300, 0.7265