GCMAsia - AUDUSD
AUDUSD
2017-05-08
| Resistance and Support | Level | Explanation |
| Resistance | 0.7450 | Daily |
| Support | 0.7380 | Daily |
AUDUSD, Daily: AUDUSD continues to be traded flat while recently rebounded from the support level of 0.7380. However, as MACD histogram continues to illustrate downward signal and momentum, a closure below the strong support level of 0.7380 would suggest AUDUSD to extend its current downtrend.
Resistance level: 0.7450, 0.7520
Support level: 0.7380, 0.7285