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GCMAsia - AUDUSD
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