GCMAsia - AUDUSD

AUDUSD
2018-08-06
| Resistance and Support | Level | Explanation |
| Resistance | 0.7410 | H1 |
| Support | 0.7390 | H1 |

AUDUSD, H1: AUDUSD was traded lower while currently testing the support level 0.7390. MACD which illustrate bearish signal with golden cross formation suggest the pair may extend its losses after it breaks below the support level 0.7390.
Resistance level: 0.7410, 0.7435
Support level: 0.7390, 0.7370