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GCMAsia - AUDUSD
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