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060318 AUDUSD

by | Mar 6, 2018 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-03-06
Resistance and Support Level Explanation
Resistance 0.7780 H1
Support 0.7740 H1

AUDUSD, H1: AUDUSD remains traded within a descending channel while currently testing at the resistance level of 0.7780. MACD histogram which illustrate upward signal suggests the pair to extend its gains after closing above the target of 0.7780.

 

Resistance level: 0.7780, 0.7815

Support level: 0.7740, 0.7690