GCMAsia - AUDUSD
AUDUSD
2017-08-09
| Resistance and Support | Level | Explanation |
| Resistance | 0.7900 | H1 |
| Support | 0.7875 | H1 |
AUDUSD, H1: AUDUSD remains traded within a downward channel following prior rebound from the bottom level. Stochastic Oscillator which illustrates rebound signal from oversold region suggests AUDUSD to be traded higher in short-term, towards the target of resistance level at 0.7900.
Resistance level: 0.7900, 0.7925
Support level: 0.7875, 0.7850