GCMAsia - AUDUSD

AUDUSD
2019-01-09
| Resistance and Support | Level | Explanation |
| Resistance | 0.7255 | H1 |
| Support | 0.7145 | H1 |

AUDUSD, H1: AUDUSD was traded higher following prior closure above 0.7145. However, MACD which begins to form a bearish divergence signal suggests the pair to be traded lower in short-term after a successful close below 0.7145.
Resistance level: 0.7255, 0.7330
Support level: 0.7145, 0.7070