GCMAsia - AUDUSD

AUDUSD
2018-12-07
| Resistance and Support | Level | Explanation |
| Resistance | 0.7265 | H4 |
| Support | 0.7215 | H4 |

AUDUSD, H4: AUDUSD was traded higher following prior rebound from the support level near 0.7215. MACD which illustrate diminishing downward momentum suggests the pair to be traded higher in short-term as technical correction.
Resistance level: 0.7265, 0.7300
Support level: 0.7215, 0.7170