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100119 AUDUSD

by | Jan 10, 2019 | AUD/USD | 0 comments

GCMAsia - AUDUSD
AUDUSD
AUDUSD
2019-01-10
Resistance and Support Level Explanation
Resistance 0.7235 H1
Support 0.7150 H1

AUDUSD, H1: AUDUSD was traded higher following prior breakout above the previous resistance level at 0.7150. MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gain toward the resistance level at 0.7235.

Resistance level: 0.7235, 0.7300

Support level: 0.7150, 0.7100