GCMAsia - AUDUSD

AUDUSD
2018-11-08
| Resistance and Support | Level | Explanation |
| Resistance | 0.7275 | H4 |
| Support | 0.7250 | H4 |

AUDUSD, H4: AUDUSD was traded lower following prior retrace from the higher levels. MACD which begins to form a negative divergence signal suggests the pair to be traded lower in short-term as technical correction.
Resistance level: 0.7275, 0.7315
Support level: 0.7250, 0.7205