GCMAsia - AUDUSD

AUDUSD
2017-07-06
| Resistance and Support | Level | Explanation |
| Resistance | 0.7620 | H4 |
| Support | 0.7580 | H4 |

AUDUSD, H4: AUDUSD has recently broke out from the bottom level of upward channel and it signals a change in trend direction to move further downwards. A closure below the strong support level of 0.7580 would suggest AUDUSD to extend its losses.
Resistance level: 0.7620, 0.7650
Support level: 0.7580, 0.7535