GCMAsia - AUDUSD
AUDUSD
2017-04-07
| Resistance and Support | Level | Explanation |
| Resistance | 0.7540 | H4 |
| Support | 0.7500 | H4 |
AUDUSD, H4: AUDUSD extended its losses following prior retracement from the 20-moving average line (red). As both moving average line continues to expand further downwards, AUDUSD is expected to move further downwards towards the target of support level at 0.7500.
Resistance level: 0.7540, 0.7585
Support level: 0.7500, 0.7460