GCMAsia - AUDUSD
AUDUSD
2017-04-10
| Resistance and Support | Level | Explanation |
| Resistance | 0.7520 | Daily |
| Support | 0.7450 | Daily |
AUDUSD, Daily: AUDUSD extended its losses following prior formation of death cross by both moving average line. Referring to the downward signal line from MACD histogram which continues to expand downwards, AUDUSD is suggested to move further downwards, towards the target of support level at 0.7450.
Resistance level: 0.7520, 0.7610
Support level: 0.7450, 0.7385