GCMAsia - AUDUSD

AUDUSD
2018-11-07
| Resistance and Support | Level | Explanation |
| Resistance | 0.7250 | H4 |
| Support | 0.7205 | H4 |

AUDUSD, H4: AUDUSD was traded higher following prior rebound from the 20-MA line (red). MACD which begins to form a golden cross signal suggests the pair to extend its gains after closing above the resistance of 0.7250.
Resistance level: 0.7250, 0.7275
Support level: 0.7205, 0.7170