GCMAsia - AUDUSD
AUDUSD
2018-08-08
| Resistance and Support | Level | Explanation |
| Resistance | 0.7435 | H1 |
| Support | 0.7410 | H1 |
AUDUSD, H1: AUDUSD was traded lower following recent retracement from resistance level 0.7435. MACD which display bearish momentum signal with formation of death cross suggest the pair may experience a short term technical correction towards support level 0.7410 and trend line.
Resistance level: 0.7435, 0.7455
Support level: 0.7410, 0.7390