GCMAsia - AUDUSD
AUDUSD
2017-11-08
| Resistance and Support | Level | Explanation |
| Resistance | 0.7700 | H4 |
| Support | 0.7640 | H4 |
AUDUSD, H4: AUDUSD was traded higher following prior rebound from the head and shoulders neckline of 0.7640. The bullish rebound from the strong support suggest further upside bias for the pair and a closure above the 20-MA line (red) would provide further clarification.
Resistance level: 0.7700, 0.7755
Support level: 0.7640, 0.7585