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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-04-06
Resistance and Support Level Explanation
Resistance 0.7695 H1
Support 0.7675 H1

AUDUSD, H1: AUDUSD was traded higher following prior rebound near the strong support level at 0.7660. MACD histogram which illustrate diminished downward momentum suggests the pair to extend its gains after closing above the 20-MA line (red).

 

Resistance level: 0.7695, 0.7715

Support level: 0.7675, 0.7660