GCMAsia - AUDUSD

AUDUSD
2017-09-06
| Resistance and Support | Level | Explanation |
| Resistance | 0.8045 | Daily |
| Support | 0.7805 | Daily |

AUDUSD, Daily: AUDUSD was traded higher prior its gain of support at the base of ascending triangle. Formation of bullish engulfing candle gives an indication to AUDUSD to trade higher, testing the resistance level at 0.8045.
Resistance level: 0.8045, 0.8105
Support level: 0.7805, 0.7710