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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-07-09
Resistance and Support Level Explanation
Resistance 0.7460 H4
Support 0.7440 H4

AUDUSD, H4: AUDUSD was traded higher after it successfully break above the resistance line of 0.7440. Recent price action and both indicators MACD with RSI displayed a strong momentum of bullish bias suggest the pair could extend its gains towards the resistance line at 0.7460.

 

Resistance line: 0.7460, 0.7530

Support line: 0.7440, 0.7410