GCMAsia - AUDUSD
AUDUSD
2018-11-09
| Resistance and Support | Level | Explanation |
| Resistance | 0.7260 | H4 |
| Support | 0.7235 | H4 |
AUDUSD, H4: AUDUSD was traded lower while currently testing near the support level at 0.7235. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses after successfully breakout from the support level at 0.7235.
Resistance level: 0.7260, 0.7295
Support level: 0.7235, 0.7210