GCMAsia - AUDUSD

AUDUSD
2017-10-09
| Resistance and Support | Level | Explanation |
| Resistance | 0.7790 | H4 |
| Support | 0.7730 | H4 |

AUDUSD, H4: AUDUSD was traded higher prior its rebound from support level at 0.7730. Formation of pin bar candlestick and golden-cross as formed by MACD signal line suggest the pair to trade higher as a short term technical correction toward the resistance level at 0.7790.
Resistance level: 0.7790, 0.7820
Support level: 0.7730, 0.7680