GCMAsia - AUDUSD
AUDUSD
2017-08-08
| Resistance and Support | Level | Explanation |
| Resistance | 0.8000 | Daily |
| Support | 0.7900 | Daily |
AUDUSD, Daily: AUDUSD was traded lower following prior retracement from the 20-MA line (red). MACD histogram which illustrates negative divergence suggests AUDUSD to extend its losses after closing below the strong support level of 0.7900.
Resistance level: 0.8000, 0.8080
Support level: 0.7900, 0.7785