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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-06-08
Resistance and Support Level Explanation
Resistance 0.7660 H4
Support 0.7610 H4

AUDUSD, H4: AUDUSD extended its losses while currently testing at the support level of 0.7610. MACD histogram which has formed a downward signal suggests the pair to extend its bearish bias after closing below the support level of 0.7610.

 

Resistance level: 0.7660, 0.7675

Support level: 0.7610, 0.7565