GCMAsia - AUDUSD
AUDUSD
2019-01-08
| Resistance and Support | Level | Explanation |
| Resistance | 0.7145 | H4 |
| Support | 0.7070 | H4 |
AUDUSD, H4: AUDUSD was traded lower following previous retrace from the resistance of 0.7145. MACD which illustrate diminished upward bias suggests the pair to be traded lower in short-term and experience technical correction.
Resistance level: 0.7145, 0.7255
Support level: 0.7070, 0.6990