GCMAsia - AUDUSD

AUDUSD
2018-03-07
| Resistance and Support | Level | Explanation |
| Resistance | 0.7815 | H4 |
| Support | 0.7780 | H4 |

AUDUSD, H4: AUDUSD was traded lower following prior rejection from the resistance level at 0.7815. MACD histogram which portrays diminishing upward momentum may suggests the pair to extend its losses after closing below the support level of 0.7780.
Resistance level: 0.7815, 0.7890
Support level: 0.7780, 0.7740