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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-04-06
Resistance and Support Level Explanation
Resistance 0.7610 Daily
Support 0.7520 Daily

AUDUSD, Daily: AUDUSD was traded lower following prior retracement and closure below both moving average line. With regards to the MACD histogram which illustrates the downward expansion of both downward signal line, AUDUSD is expected to extend its losses after a successful closure below the support level of 0.7520.

 

Resistance level: 0.7610, 0.7750

Support level: 0.7520, 0.7450