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GCMAsia - AUDUSD
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