GCMAsia - AUDUSD
AUDUSD
2018-11-08
| Resistance and Support | Level | Explanation |
| Resistance | 0.7295 | H1 |
| Support | 0.7260 | H1 |
AUDUSD, H1: AUDUSD was traded lower following prior retracement from the resistance level at 0.7295. However, MACD which illustrate diminishing bearish momentum suggest the pair to be traded higher in short term toward the resistance level at 0.7295.
Resistance level: 0.7295, 0.7310
Support level: 0.7260, 0.7235