GCMAsia - AUDUSD

AUDUSD
2017-09-08
| Resistance and Support | Level | Explanation |
| Resistance | 0.8305 | Weekly |
| Support | 0.7805 | Weekly |

AUDUSD, Weekly: AUDUSD was traded higher after breaking resistance level at 0.7965. Successful closure of price above 200-MA line and upward slope of MACD signal line suggests AUDUSD to trade higher, testing the resistance level at 0.8305.
Resistance level: 0.8305, 0.8650
Support level: 0.7805, 0.7540