GCMAsia - AUDUSD
AUDUSD
2018-10-08
| Resistance and Support | Level | Explanation |
| Resistance | 0.7090 | H4 |
| Support | 0.7025 | H4 |
AUDUSD, H4: AUDUSD extended its losses in tandem with its overall bearish trending. However, MACD which begins to form a golden cross signal suggests the pair to be traded higher in short-term as technical correction before advancing further down.
Resistance level: 0.7090, 0.7130
Support level: 0.7025, 0.6960