GCMAsia - AUDUSD

AUDUSD
2018-03-08
| Resistance and Support | Level | Explanation |
| Resistance | 0.7890 | H4 |
| Support | 0.7815 | H4 |

AUDUSD, H4: AUDUSD extended gains following prior breakout from the resistance level at 0.7815. Both MA line and MACD histogram which illustrate bullish signal suggests the pair to advance further upwards after having a bullish rebound near the support level of 0.7815.
Resistance level: 0.7890, 0.7985
Support level: 0.7815, 0.7780