GCMAsia - AUDUSD
AUDUSD
2017-08-07
| Resistance and Support | Level | Explanation |
| Resistance | 0.8000 | Daily |
| Support | 0.7900 | Daily |
AUDUSD, Daily: AUDUSD was traded higher following prior rebound from the strong support level at 0.7900. Stochastic Oscillator which begins to illustrate rebound signal from oversold level suggests AUDUSD to extend its upward momentum after successfully closing above the 20-MA line (red).
Resistance level: 0.8000, 0.8080
Support level: 0.7900, 0.7785