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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2017-06-06
Resistance and Support Level Explanation
Resistance 0.7520 Daily
Support 0.7450 Daily

AUDUSD, Daily: AUDUSD remained traded within a narrowing triangle while currently testing at the top level of the triangle. A successful breakout from this level would signal a change in trend direction to move further upwards thereafter and first target is at resistance level of 0.7520.

 

Resistance level: 0.7520, 0.7610

Support level: 0.7450, 0.7385